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Treasurys extend rally after jobless claims
Posted to: Around The Web
Thursday, June 19, 2014 4:39 AM

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NEW YORK (MarketWatch) -- Treasury prices added to gains Thursday after data showed the number of people applying for unemployment benefits edged down last week. The 10-year Treasury note yield, which falls as prices rise, was down 3.5 basis points on the day at 2.579%. The 30-year bond yield dropped 1 basis point to 3.408% and the 5-year note yield fell 5.5 basis points to 1.664%. Treasury prices rallied on Wednesday after the Federal Reserve released a statement and held a press conference confirming its commitment to low-rate policies. The Treasury Department will sell $7 billion in 30-year inflation-protected securities at 1 p.m. Eastern


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