Treasuries fall on jobless claims

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Source: Bloomberg
U.S. Treasuries declined on Thursday with the benchmark 10-year yields touching the strongest level in over three months after the U.S. government report showed that initial unemployment benefit-claims dropped more than economists' initially expected last week. 10-year bonds yielded 0.02% higher at 2.998%, the most since September 6.

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Fri, 27 Dec 2013 06:51:03 GMT

U.S. unemployment claims fall more than forecast

Initial jobless claims for unemployment benefits in the world's largest economy declined at a steeper pace than economists originally expected in the week to December 21, reflecting higher volatility on the labour market during the holidays. The U.S. jobless claims dropped from 380,000 to 338,000 last week, while it was forecast to record 340,000.

Fri, 27 Dec 2013 06:29:03 GMT

U.S. stocks rise on labour market report

U.S. shares closed higher on Thursday extending an all-time record high of the benchmark index Standard & Poor's 500 after a government report showed that jobless claim declined in the world's largest economy last week. The S&P 500 Index added 0.5% to 1,841.58 as of 1:51 p.m. New York time and the Dow Jones industrial average gained 0.7% to 16,469.33

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