The long bond closed yesterday at a yield of 7.92 percent, up from 7.90 percent.

On Monday the long bond closed with a yield of 7.83 percent.

Long-term interest rates continued to climb, as the 30-year bond closed above 6 percent.

On Friday, the bonds closed at 103.90 kroner, or $14.47.

Instead, states are considering floating bonds, lots of them, to close gaps.

The long bond closed at 99 9/32, down 22/32 on the day.

The long bond closed at its high for the day of 102 30/32, up 1/4, to yield 8.47 percent.

In the credit markets, the Treasury's 30-year bond closed better than a point higher, buoyed by the same news.

On Friday, the bond closed at 103 31/32, to yield 8.553 percent.

Federated's bonds closed down 13 points, or $130 for every $1,000 of face value.