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MW: Treasurys stay up after jobless claims
 
By Deborah Levine
UST10Y

3.603.553.503.45
10a11a12p1p2p3p
NEW YORK (MarketWatch) -- Treasury prices remained higher Thursday, pushing yields down, after a report showed initial claims for jobless fell down 47,000 to 522,000 in the week ended July 11. That's the lowest level since January, though the Labor Department cited seasonal factors. Ten-year note yields (UST10Y 3.60, +0.13, +3.78%) fell 3 basis points to 3.59%. Continuing claims for benefits declined to 6.3 million. Still to come in the session is manufacturing data from the Philadelphia Federal Reserve, a report on homebuilder's confidence and Fed purchases of inflation-indexed debt maturing from 2010 to 2032.
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