WASHINGTON -- Despite a mild durable goods report and a well-received five-year note auction, the long end of the Treasury security market continued its slow march downward yesterday.
The benchmark 30-year bond was quoted down 8/32 in late trading at a price of 93 20/32, nudging the yield up one basis point to 8.06%. The 10-year note lost 6/32 at 95 22/32, edging its yield up two basis points to 7.88%. Meanwhile, the short end of the market perked up, Late yesterday, threeand six-month bills rose slightly, pushing yields down to 5.11% and 5.70%. respectively. Year bills were unchanged at a 6.21% yield.