3:58 (Dow Jones) Long-term Treasury futures prices settle a little lower, nearly filling chart gaps formed Sunday night when market opened below Friday's lows. China's pledge for more flexible yuan ignited selloff, but market recouped much of the decline because it's not known when or by how much yuan will appreciate. Sept 10-year Treasury notes settled 4+/32 lower at 120-09+. Sept 30-year Treasury bonds settled down 10/32 at 123-20. Sept ultra-long Treasury bonds settled at 130-17, down 13/32. (howard.packowitz@dowjones.com)
Call us at (212) 416-2184 or email paul.vigna@dowjones.com
Visit the Market Talk blog at http://www.djnmarkettalk.com
Copyright 2009 Dow Jones Newswires
Markets sift trades for cluesCFTC, SEC Draft Summary On ‘Flash Crash’ Focuses On 6 Hypotheses