TREASURIES-U.S. bond prices hold gains after claims data

NEW YORK Thu Jan 23, 2014 8:44am EST

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NEW YORK Jan 23 (Reuters) - U.S. Treasuries prices held earlier gains on Thursday after data on domestic jobless claims suggested a moderate pace of job growth but not enough for the Federal Reserve to accelerate its pace of reducing its bond-purchase stimulus.

The Labor Department said U.S. workers filed 326,000 for first-time unemployment benefits in the latest week, in line with analyst expectations.

Benchmark 10-year Treasuries notes were 7/32 higher in price with a yield of 2.832 percent, down 3 basis point from late on Wednesday.

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California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

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