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TREASURIES-Bonds extend losses on fewer new U.S. jobless claims

NEW YORK | Thu Aug 1, 2013 8:43am EDT

NEW YORK Aug 1 (Reuters) - U.S. Treasuries prices extended early losses on Thursday after the U.S. Labor Department reported a drop in the number of newly jobless Americans in the latest week.

The benchmark 10-year Treasury note, down 5/32 before the report, was down 9/32 after the report, leaving its yield at 2.62 percent.

The 30-year bond, down 17/32 before the report, was down 22/32 afterwards, leaving its yield at 3.68 percent.

The number of Americans who filed new claims for state unemployment benefits in the week ended Saturday fell to 326,000, a 5-1/2-year low, from a revised 345,000 a week earlier.

 
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