NEW YORK Aug 14 U.S. government debt prices
extended their gains on Thursday after domestic jobless claims
rose more than expected last week but they did not dash the
prevalent view of an improving labor market.
The U.S. Labor Department reported on Thursday that
first-time filings for unemployment benefits totaled 311,000 in
the week ended Aug. 9, higher than the 295,000 forecast among
economists polled by Reuters.
The prior week's total was revised up to 290,000 from
Benchmark 10-year Treasuries notes rose as much
as 7/32 in price with a yield of 2.403 percent, down 2.5 basis
points from late on Wednesday.
(Reporting by Richard Leong; Editing by Chizu Nomiyama)