Strong economic news and tepid demand for new supply sent Treasury market prices into a freefall yesterday as investors unloaded bonds.

The 30-year bond closed down a1-more than 1 3/4 of a point, to yield 7.26%.

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.