1.The first Treasurynote auction since the Salomon admission on illegal bids went off without a hitch. The new notes, worth $12.5 billion, were sold at an average yield of 6.46 percent.
5.This month, yields on the 10-year treasury notes roses above 5 percept for the first time in close to a year, higher yields raise the cost for individuals and business to borrow money at interest that are tie to the 10-year note.
