Treasury prices traded quietly within narrow ranges yesterday as participants waited to hear President Bush's acceptance speech tonight.

After posting small losses for most of the day, long-term prices managed to close with small gains, based in part on a wire service report that said the President will not propose major tax cuts in his speech.

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.