Bonds are down slightly today in price while stocks are flat.  In economic news, Initial Jobless Claims for the week ended 3/6/10 were down by 6,000 which was close to market expectations for an 8,000 decrease.  Continuing Claims for the week ended 2/27/10 were up by 37,000.  The market had been expecting Continuing Claims to drop by 20,000.  The long and short of it is that while employers appear to have stopped cutting jobs, they are not yet adding jobs.  This afternoon, the US Treasury will be auctioning $13 billion of 30 year bonds.  There could be some volatility this afternoon if the auction produces soft demand and a higher yield.  The 2 Yr Note auction on Tuesday and the 10 Yr Note auction yesterday were both well bid.