Initial Claims Versus the Philly Fed Keeps Bond Traders Hopping
May 19, 2011 at 11:55 AM EDT
Never let it be said that there is no fun in trading bonds. Hot on the heels of yielding the least so far in 2011, the U.S. benchmark 10-year note slumped Thursday to the most all week in response to a firmer tone to weekly jobless claims data. Dealers responded to a dip of 29,000 [...]