Stocks trade near recently reached session lows. Treasuries continue
to rally. The 10-year note is up 38 ticks, sending its yield down to
3.39%. The 30-year bond is up more than two points, sending its yield
to 3.99%.
Gold prices are up only 0.4% to $735.40 per ounce after trading with a
gain of 4.4% at $764.80 per ounce earlier this session. Gains were
pared as the dollar recovered to the unchanged mark from a loss of 1.4%.