Despite an increase of Initial Jobless Claims for the week ended 12/5/09 of 17,000 which was higher than the 3,000 increase expected, bonds worsened  this morning and stocks moved higher.  Bond investors appear to be positioning themselves in front of today's 30 year US Treasury Bond auction.  The yield required to complete yesterday's 10 year US Treasury note auction at 3.448% was higher than investors were expecting.  There is growing speculation that long term bonds prices are at their peak (bond prices have an inverse relationship to their yield/rate) and that we could see further upward pressure on rates.