August 8, 2019 / 12:44 PM / 4 months ago

TREASURIES-U.S. Treasury yields rise further as jobless claims fall

NEW YORK, Aug 8 (Reuters) - U.S. Treasury yields climbed further on Thursday with 30-year yield rising above 2.25% as an unexpected drop in domestic jobless claims allayed some worries about a recession that had roiled financial markets earlier this week.

At 8:35 a.m. (1235 GMT), the yields on benchmark 10-year Treasury notes were up 3.6 basis points at 1.728%. They touched 1.595% on Wednesday, which was their lowest level since October 2016. (Reporting by Richard Leong; Editing by Bernadette Baum)

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