Thursday, July 12, 2007

Jobless claims fell 12,000 in latest week

(Reuters) - U.S. Treasury debt prices turned flat after the lower-than-expected weekly jobless claims data.




A Labor Department official said that temporary layoffs in the auto sector as plants typically shut down for retooling have started to show up in the unadjusted claims data, but that the department's seasonal factors have adjusted for this.


Read more at Reuters.com Bonds News

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