Treasurys Mostly Gain After Friday's Frenzy.

The article reports on the activity in the treasury bond market as of January 7, 2008. With the disappointing employment report, investors in the U.S. booked profits on January 4, 2008. The benchmark yield curve, the gap between the two- and 10-year yields, narrowed to 1.08 percentage points from around 1.13 points. Bond yields also decline when prices increase in the market. T. J. Marta at RBC Capital said that firms were selling Treasurys ahead of the week's corporate-bond issuance.