Initial Claims Versus the Philly Fed Keeps Bond Traders Hopping

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 [...]
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