A system and method for facilitating the fixation of bone fractures is disclosed. The anchor component includes a tip, cutting threads and mating threads which are inserted into the far cortex of the bone. A wire extends from the anchor component and exits from the near cortex. The cap device is configured to assert friction against the wire when the cap is translated in one direction, but minimal friction against the wire when the cap is translated in the opposite direction. A gauge device measures and displays the tension applied to a first object portion and a second object portion is disclosed. An exemplary gauge device comprises a first and second housing portion, a tension member, a compression member and a connector portion. When pressure is applied to the lagwire, the tension member is compressed causing the housing to translate horizontally along indicator, thus displaying the amount of tension applied.