In one area, the bond market mirrored the stock market. Bank and Financial companies, who would suffer greatly if the economy stayed weak, showed gains in both markets. Seven of the ten most actively traded bonds included issues Bank of America (BAC), Goldman Sachs (GS) General Electric Capital (GE), and Citigroup ( C). Only one of the seven issues did not see at least a small gain in value.
Of the remaining three most actively traded bonds, two of the bonds were issued by Petrobras (PBR), the Brazilian oil company. The issue with a 9 year maturity rose in value, while the much longer dated bond maturing in 2041 slightly decreased in value.