Market news
20.01.2011, 17:48

Dow -32.24 at 11793.05, Nasdaq -27.53 at 2697.83, S&P -5.30 at 1276.62

Despite the weakness in stocks today, Treasuries have failed to attract buyers. Though the benchmark 10-year Note is off of its low, it still remains down markedly for the day. As such, its yield stands just above 3.40%, which is a high for this week. As an aside, results from an auction of 10-year TIPS are due at the top of the hour. The dollar has caught a bid after falling to losses in seven of the past eight sessions. Relative to a basket of competing currencies it is up 0.4%, but still near the two-month low that it set in the prior session.

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