Those 11.375% three-year bonds moved into the middle of its year-to-date yield range broadly spanning 11-12%, with the yield rising by around eight pips to 11.50% Thursday.

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So I think that -- again, that was in direct response to the testing of a long-range missile in late March, early April -- I forget the exact date.

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The Dow Industrials are in a trading range between the year-to-date low of 11, 555 set on March 16 and the year-to-date high at 12, 876 set on May 2.

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