In France, the 10-year bond contract was off 3/4 point.
In Italy, where bonds have been hit the hardest recently, the bond contract was off about a third of a point.
She does this by buying a bond future contract, instead of an actual cash bond.
The exchange decided to switch to electronic trading after losing an important bond contract to Germany.
The bond contract is the world's most popular way of hedging on long-term interest rates.
Yesterday she said the bond contract settled at 117 2/32.
Many choices, or embedded options, have traditionally been included in bond contracts.
A seller of the bond contract must deliver the bonds.
The two bond contracts are identical in most other respects.
Trading volume in bond contracts at the Board of Trade was heavy.