US bonds hits 3-month low amid amid US jobless claims; government debt climb

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Source: Bloomberg
The 10-year Treasuries dropped five basis points to 2.49% as of 9:39 am in New York, after slipping to 2.47% yesterday, the weakest since July 22, as a report revealed more than expected jobless claims for benefits last week. Meanwhile the US debt increased for last three days as trade deficit advanced 0.4% to $38.8, according to Commerce Department releases.

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