Before the stock market opened, the Commerce Department reported that retail sales increased a smaller-than-expected six-tenths of a percent in August, and bonds immediately surged on the news.
By the end of the session, bonds moved off their early losses and surged into plus territory.
The bond surged with her love for him, with confidence and a trust so complete that he stared after her in amazement.
The Treasury's 30-year bond surged 1 5/32 points, and its yield, which moves in the opposite direction, slipped to 6.50 percent, from 6.58 percent on Monday.
But then the long bond surged back after the release of the Johnson Redbook report on retail sales at department store chains.
The bond surged with fleeting contempt.
In a sign that creditors welcomed the offer from US Airways, Delta's bonds surged yesterday.
Both stocks and bonds surged on the report.
Delta's bonds have surged in recent weeks in anticipation of a merger.
Yesterday, the 30-year bond surged a full point, to a price of 100 24/32; its yield, which moves in the opposite direction, fell to 6.32 percent, from 6.40 percent Tuesday.
