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TREASURIES-Price gains pared in wake of jobless claims data
January 24, 2013 / 1:40 PM / 5 years ago

TREASURIES-Price gains pared in wake of jobless claims data

NEW YORK, Jan 24 (Reuters) - U.S. Treasury debt pared early price gains on Thursday following data showing new claims for unemployment benefits fell unexpectedly to a five-year low in the latest week.

Benchmark 10-year Treasury notes were trading 1/32 higher in price with their yield little changed from late Wednesday at 1.82 percent. Just prior to the release of the weekly jobless claims data, the notes had been trading 4/32 higher in price.

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