The ferocious selling that battered the Treasury market late last week tapered off yesterday, and note and bond prices closed narrowly mixed after a typically quiet Monday session.

Late in the day, the 30-year bond was up 1/8 point to yield 7.44% intermediate notes were marginally lower, and notes maturing in five years and less ranged from unchanged to slightly higher.

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.