Credit markets still tight as stocks plunge

As the Dow Jones industrial average dropped below the 10,000 level, both short-term and long-term Treasury issues saw heavy demand.

The 2-year Treasury note rose 9/32 to 101 3/32 and yielded 1.43 percent, down from 1.58 percent late Friday. The 10-year note rose 1 8/32 to 104 16/32 and yielded 3.45 percent, down from 3.60 percent. The 30-year bond rose 2 1/32 to 109 1/32 and yielded 3.98 percent, down from 4.09 percent.