Tuesday's rally came to an abrupt halt yesterday as the market gave back most of its ill-gotten gains.

The market opened with optimism after a big drop in producer prices Tuesday sparked a rally that brought relief to players after two weeks of straight, painful losses. Traders reported a firm tone early on with a good bid for some sizable blocks of bonds up or sale.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.