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Topic

US jobless claims

New US jobless claims slow slightly in latest week

New US jobless claims slow slightly in latest week

Published 29 Jul, 2021 06:29pm
  • Beyond weekly ups and downs, the trend in total filings should remain downward over coming weeks
  • Overall, job growth should pick up and labor shortages should ease as near-term constraints -- virus concerns, child-care issues and enhanced unemployment benefits -- diminish
US yields rise after report on Biden's $6 trillion budget

US yields rise after report on Biden's $6 trillion budget

Published 27 May, 2021 06:36pm
  • Thursday's data on US jobless claims and first-quarter gross domestic product growth also helped extend Treasury yields. Both reports showed the US economy was on a stable path to recovery from the pandemic.
  • Investors are also awaiting the Treasury's sale of $62 billion in 7-year debt later on Thursday, after strong 2-year and 5-year note auctions on Tuesday and Wednesday.
Treasury yields edge up on expectations of Biden stimulus plan

Treasury yields edge up on expectations of Biden stimulus plan

Published 14 Jan, 2021 09:48pm
  • The market was primed for higher rates today for continued increase in yields today in anticipation of what Biden is going to say tonight, until we hit jobless claims.
  • Initial claims for state unemployment benefits increased 181,000 to a seasonally adjusted 965,000 for the week ended Jan. 9, the highest since late August.
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