Yesterday, the funds rate opened at 6 percent and traded late in the day at 5 7/8 percent.

Sterling traded late in London at $1.6135, up from $1.6040 late Friday.

Silver bullion traded late in London at a bid of $5.13 an ounce, up from $5.11.

Silver traded late in London at a bid $4.28 a troy ounce, down from $4.53 Wednesday.

Silver traded late in London at $5.68 an ounce, up from $5.63.

Silver traded late in London at $7.85, up from $7.73.

Silver bullion traded late in London at a bid of $4.53 an ounce, down from $4.68.

Silver traded late in London at $5.10 an ounce, up from $5.09.

Silver bullion traded late in London at $5.91 bid an ounce, up from $5.82.

Yesterday, the discount rate on the 90-day bills traded late in the session was 5.47 percent, off a basis point.