WASHINGTON -- Salomon Brothers Inc. and two hedge funds yesterday agreed in federal court to pay $100 million to settle lawsuits charging that the companies sought to manipulate the Treasury note market in 1991.

Besides Salomon Brothers, the settlement involves Steinhardt Management Co., related affiliates, and Caxton Corp. The terms require Salomon to pay $66 million while the two hedge funds pay the remaining $34 million, court officials said.

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