NEW YORK, Jan 17 () - U.S. Treasury yields pared their earlier decline on Thursday as an unexpected drop in domestic jobless claims and a larger-than-forecast increase in Philadelphia Federal Reserve's regional business index reduced pessimism about the U.S. economy.
At 8:52 a.m. EST (1352 GMT), the yield on benchmark 10-year Treasury notes was down 0.4 basis point at 2.725 percent, which was above its earlier low of 2.698 percent.
OCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
NEW YORK, Jan 17 () - U.S. Treasury yields pared their earlier decline on Thursday as an unexpected drop in domestic jobless claims and a larger-than-forecast increase in Philadelphia Federal Reserve's regional business index reduced pessimism about the U.S. economy.
At 8:52 a.m. EST (1352 GMT), the yield on benchmark 10-year Treasury notes was down 0.4 basis point at 2.725 percent, which was above its earlier low of 2.698 percent.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
