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U.S. Treasuries slightly gain ahead of weekly initial jobless claims, 10-year TIPS auction
The U.S. Treasuries slightly gained during Thursday’s afternoon session ahead of the country’s weekly initial jobless claims, scheduled to be released today by 12:30GMT and the 10-year TIPS auction, also due today by 17:00GMT.
The yield on the benchmark 10-year Treasury yield edged 1 basis point down to 1.774 percent, the super-long 30-year bond yield slumped 2-1/2 basis points to 2.213 percent and while yield on the short-term 2-year remained flat at 1.748 percent by 11:35GMT.
In the US, today will bring a number of new data releases including existing home sales figures for August, the Conference Board’s leading indicators for the same month, and current account data for Q2, while the usual weekly jobless claims figures are also due. In the markets, the Treasury will sell 10Y TIPS, Daiwa Capital Markets reported.
Meanwhile, the S&P 500 Futures remained tad down at 3,001.62 by 11:40GMT.
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