Euro/US Dollar Futures – March t-notes made another lurch for the lows and are currently trading at 115-06 for a 3.87% yield.Euro/US Dollar prices Blundered lower by four to nine basis points across the curve with heavier losses at later maturities.
The 432,000 initial claim data ran counter to the expected reading of 460,000, which would have been a rise on last week’s revised 454,000 claims.
Next week will surely see weaker bond prices still as investors brace for the first reading for non-farm payrolls next Friday.
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