Ignoring a higher CPI report, U.S. fixed income markets took worse-
than-expected jobless claims figures at face value on
Thursday, with bonds increasing on the arguably soft data.
Initial claims for unemployment benefits in the United States dropped
back slightly to 450K in the week ending Aug. 9, but forecasts were for
initial claims to fall to 435k this week, following last week's upwardly
revised reading of 460k...
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