Treasury Yields Fall After Jobless-claims Report

Treasury yields declined Thursday, after the U.S. Labor Department said that the number of people who applied for unemployment benefits rose at the end of August to the highest level in two months. The report gave investors further hints on the state of the labor market ahead of the closely-watched official jobs report due Friday. The 10-year Treasury yield fell 3.9 basis points to 2.154%, while the yield on the two-year note slipped 2.8 basis points to 0.692%. The yield on the 30-year bond declined by 3.3 basis points to 2.933%.

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