WASHINGTON -- Talk of a possible bankruptcy filing by Orange County, Calif., after its derivatives debacle ignited a flight to quality yesterday, pushing Treasury security prices up across the board, analysts said.

The long bond was quoted up 30/32 late yesterday at a price of 96 2/32, pushing the yield down to 7.84%. The 10-year note climbed 25/32 to 101 1/32 with a 7.72% yield.

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