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TREASURIES-Price losses pared after CPI, jobless claims data
November 15, 2012 / 1:40 PM / 5 years ago

TREASURIES-Price losses pared after CPI, jobless claims data

NEW YORK, Nov 15 (Reuters) - U.S. Treasury debt pared early price losses on Thursday after data showing much higher than expected weekly claims for jobless benefits added to the safe-haven allure of U.S. government debt.

Benchmark 10-year Treasury notes were trading 2/32 lower in price to yield 1.60 percent, up from 1.59 percent late Wednesday. The notes had been trading 6/32 lower in price just prior to the release of the jobless claims data, which came out alongside data on October consumer prices.

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