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Fixed Income Futures Rise on Weekly Jobless Claims

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...

Posted to MND NewsWire by Glenn Setzer on Thu, Aug 14 2008
Filed under: Filed under: jobless claims, fixed income

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Fixed Income Futures Rise on Weekly Jobless Claims