Summary Box: Treasury prices dip after jobs report

AP News
|
Posted: Oct 21, 2010 5:41 PM
Summary Box: Treasury prices dip after jobs report

BETTER-ISH: First-time filings for jobless benefits fell to 452,000 last week. That's 23,000 fewer than in the previous week and below what economists predicted. But it's far from enough to change the unemployment rate.

TREASURYS SLIP: The mildly positive data helped take Treasury prices down a notch. The 10-year note fell 53.1 cents, raising the yield to 2.54 percent.

NOT GOING LONG: Unlike other Treasurys, the 30-year bond has steadily lost ground. The yield has climbed to 3.95 percent from 3.66 percent two months ago.