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Treasurys give up gains after dive in jobless claims

  • Treasury prices give back a portion of their early gains after the big drop in jobless claims to just 300K last week - the lowest print since May 2007.
  • The BLS says there's no special factors behind the sharp decline, but economists may think differently as Easter timing makes the seasonal adjustments trickier this time of year.
  • As low as 2.66% before the number, the 10-year yield is now off one basis point on the session at 2.68%. TLT +0.25%
  • ETFs: TBT, TLT, TMV, TBF, EDV, TTT, TMF, SBND, ZROZ, TLH, DLBS, VGLT, UBT, TLO, LBND, TENZ, TYBS, DLBL
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Comments (2)
  • Grant Dossetto
    , contributor
    Comments (158) | Send Message
     
    I think those gains are back.
    10 Apr, 11:17 AM Reply Like
  • Playing the Ponzi
    , contributor
    Comments (144) | Send Message
     
    So amusing to see good news for the economy as bad news for equities, and vice versa day after day.
    10 Apr, 02:09 PM Reply Like
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