The Traderszone Network

Published in TZ Latest News 29 January, 2015 by The TZ Newswire Staff

Big Drop In Jobless Claims Pushes Treasuries Lower

Treasuries fell, pushing bond yields up from record lows, as the biggest drop in weekly jobless claims in 15 years supported the Federal Reserve’s outlook that the labor market is strengthening. The benchmark 10-year note yield rose a day after the central bank said it was encouraged by “strong job gains” and a “solid” economic expansion, while it maintained a pledge to be “patient” on interest-rate increases. U.S.

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