Treasuries were mixed Tuesday afternoon, recovering from morning weakness as the market consolidated recent gains. The 10-year note rose 04/32 to 102-27/32 for a yield of 4.40%. The 30-year bond edged down 02/32 to 105-02/32 for a yield of 4.68%. The drop in yields since last week reflects concerns over disappointing Q3 earnings and banks losses related to subprime mortgage securities. Elsewhere today, stocks rallied, oil futures eased and gold futures rose.
All of the views expressed in this research report accurately reflect the research analyst's personal views regarding any and all of the subject securities or issuers. No part of analyst compensation was, is or will be, directly or indirectly related to the specific recommendations or views expressed in this research report. Standard & Poor's Regulatory Disclosure
Any advice, analysis, or recommendations contained in articles labeled "Insight from Standard & Poor's" reflect the views of Standard & Poor's, which operates separately from and independently of BusinessWeek Online. It is possible that BWOL may from time to time publish information that is not consistent with advice, analysis, or recommendations that are published by Standard & Poor's. Standard & Poor's and BusinessWeek Online are each units of The McGraw-Hill Companies, Inc.