Unemployment-claim increase triggers rally in Treasurys

04/5/2013 | Reuters · Bloomberg

Treasury prices are at their highest level this year, sending yields close to a 3½-month low, after an increase in initial jobless claims touched off a flight to safety by fixed-income investors. The Labor Department says initial claims increased by 28,000 last week, to a seasonally adjusted 385,000, the most first-time claims in a week since November.

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Reuters · Bloomberg

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