Treasurys gain ground after jobless claims

|By:, SA News Editor

Even as claims of 333K come in below expectations of 336K, Treasury prices pick up a decent amount of ground in the minutes following the 8:30 report, TLT +0.3% and the 10-year yield off 2 basis points to 2.58%.

The 4-week moving average fell another 6.25K to 335.5K.

TBT -0.7%.