Fixed Income Futures Rise on Weekly Jobless Claims

Ignoring a higher CPI report, U.S. fixed income markets took worse-
than-expected jobless claims figures at face value on
Thursday, with bonds increasing on the arguably soft notes.

Initial claims for unemployment benefits in the United States dropped
back slightly to 450K in the week ending Aug. 9, but forecasts were for


initial claims to fall to 435k that week, following final week’s upwardly
revised reading of 460k…

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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