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TREASURIES-Price gains extended after jobless claims data
April 26, 2012 / 12:40 PM / 6 years ago

TREASURIES-Price gains extended after jobless claims data

NEW YORK, April 26 (Reuters) - U.S. Treasuries extended price gains on Thursday after new U.S. claims for jobless benefits last week came in above expectations, suggesting the labor market continues to struggle to make any recovery.

Benchmark 10-year notes were trading 11/32 higher in price to yield 1.94 percent, down from 1.98 percent late Wednesday, while 30-year bonds were 26/32 higher to yield 3.11 percent from 3.15 percent.

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