Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Future of Government Data Centers
- The Future of IT: How CIOs Can Enable the Service-Oriented Enterprise
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Mitigating Insider Threats in Virtual & Cloud Environments
- Modern Mission Critical Series
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
- Air Traffic Management Transformation Report
- Cloud First Report
- General Dynamics IT Enterprise Center
- Gov Cloud Minute
- Government in Technology Series
- Homeland Security Cybersecurity Market Report
- National Cybersecurity Awareness Month
- Technology Insights
- The Cyber Security Report
- The Next Generation Cyber Security Experts
Shows & Panels
Monday - Friday, 4-7 p.m.
In Depth with Francis Rose features daily interviews with top government executives and contractors. Listen live from 4 to 7 p.m. or download his archived interviews below.
Dip in jobless claims knocks Treasurys down
Thursday - 8/11/2011, 5:26pm EDT
AP Business Writer
NEW YORK (AP) - Treasury prices fell Thursday after the government reported that fewer people applied for unemployment benefits last week.
The Labor Department said Thursday that first-time claims for unemployment benefits dipped below 400,000 last week for the first time in four months. That gave investors more confidence to buy riskier assets like stocks. The Dow Jones industrial average surged 423.37 points, or 3.9 percent, to close at 11,143.31.
In afternoon trading, the 10-year Treasury fell $1.75 for every $100 invested. The drop in price raised the yield to 2.34 percent, up from 2.11 percent late Wednesday.
Sharp movements in the Treasury market helped make for a messy government bond auction Thursday. The Treasury sold $16 billion in 30-year Treasurys at a 3.75 percent yield. Investors placed bids for 2.08 times the amount up for sale, the weakest show of demand since February 2009. Joe Balestrino, a portfolio manager at Federated Investors Inc., called the auction "horrendous."
But it's also the lowest borrowing rate for a 30-year auction since March 2009.
The drop in price raised the yield to 3.77 percent, up from 3.50 percent late Wednesday.
The three-month Treasury bill paid a 0.01 percent yield. Its discount was 0.01 percent.
(Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)