• Dow +6.70 at 11365.86, Nasdaq +8.69 at 2607.18, S&P +2.77 at 1226.52

Market news

8 December 2010

Dow +6.70 at 11365.86, Nasdaq +8.69 at 2607.18, S&P +2.77 at 1226.52

Treasury yields have eased from their highest levels of the session following the $21 billion 10-yr reopening. The 10-yr yield saw a session high of 3.326%, its highest since early June, before post-auction buying dropped it to 3.263%. Since the Fed announced its second round of quantitative easing the 10-yr yield has risen more than 70 basis points.

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