Treasury prices briefly tumbled following a plunge in initial jobless claims bringing the total below 300K for the first time in more than 7 years, but the Labor Dept. says faulty reporting by two states in the midst of computer upgrades was responsible for the drop (why even report the number then?).
The 10-year yield is about back to where it was, off 2 basis points at 2.88%.
TLT +0.3% premarket.