We're down for three reasons. One, we still have the overhang of supply associated with the February refunding auctions, which were not distributed that well, ... Two, the early gains in the Dow Jones industrial average have eliminated some support for Treasury.
I heard like a 'pop-pop noise and all of a sudden about three seconds later, the ticket counters were telling us to either hit the deck or they grabbed us and pulled us into the back room.