WASHINGTON - Treasury bonds advanced slightly yesterday in thin trading as confusion continued to swirl over Orange County, Calif.'s bankruptcy filing.

Meanwhile, the short end lost ground, following a two-day rally fueled by a flight to quality and a fleeting notion that the Federal Reserve might hold off on another rate hike because of Orange County.

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.