MW:Treasurys fall as U.S. jobless claims drop sharply
By Ben Eisen
NEW YORK (MarketWatch) -- Treasury prices added on to losses Thursday after positive jobless claims data. The weekly gauge of unemployment applications fell by 19,000 to a total of 326,000. On that news, the 10-year Treasury note 10_YEAR +0.93% yield, which moves inversely to price, rose 4 basis points on the day to 2.621%. The 30-year bond 30_YEAR +0.93% yield rose 5 basis points on the day to 3.687% and the 5-year note 5_YEAR +0.87% yield rose 2 basis point to 1.404%.
