A decline in commodity prices and anticipation of good inflation numbers next week helped the Treasury market end with modest gains yesterday.

Late in the afternoon, the 30-year bond was up 1/4 point to yield 6.65%. the lowest closing yield since the government began selling 30-year bonds in 1977. The number bests the 6.66% closing level posted several times over the last two weeks.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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