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U.S. yields trim fall after jobless claims, Philly Fed data

Reuters

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.

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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.


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Reuters

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