High-grade bond prices yesterday moved higher with Treasuries, which gained on flat weekly jobless claims and a widening merchandise trade gap in April.

"They're tracking Treasuries," one trader said. "It's a pretty quiet day." Treasuries gained 1/4 point in the long end.

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.