A government auction of 30-year Treasury bonds is drawing weak bids as investors return to buying European debt. The Treasury Department sold $13 billion in 30-year bonds Thursday at a higher yield than similar bonds fetched on the market at the time. A bond’s yield rises as its price falls. Data from CRT Capital Group [...] [...]
The City of Fountain, roughly 13 miles south of Colorado Springs, is on the precipice of a population boom, and it wants more businesses — now. Fountain Valley’s population, which includes Security and Widefield, is around 88,000, and city officials expect that number grow 14 percent by 2014, when troops return to neighboring Fort Carson [...] [...]
Oil prices fell below $92 a barrel Wednesday as more signs of a slowing U.S. economy raised concerns about demand for everything from gasoline to natural gas used to cool homes. Benchmark West Texas Intermediate crude dropped $2.10 to $91.69 a barrel in midday trading on the New York Mercantile Exchange. In London, Brent crude [...] [...]
Oil prices fell below $52 a barrel Friday, following a huge rally the previous day, as U.S. unemployment data showed the world’s largest economy is continuing to lose jobs. Benchmark crude for May delivery was down 86 cents to $51.78 a barrel by mid-afternoon in Europe in electronic trading on the New York Mercantile Exchange. [...] [...]