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TREASURIES-Bonds trim losses after jobless claims data

Thursday, 4 Oct 2012 | 8:43 AM ET

NEW YORK, Oct 4 (Reuters) - U.S. Treasuries prices trimmed losses on Thursday after the U.S. Labor Department reported a small rise in new jobless claims in the latest week.

After the report, the 10-year Treasury note was down 8/32, slightly less than it was down before the report; its yield stood at 1.64 percent.

The government reported jobless claims rose to 367,000 in the week ended Saturday from an upwardly revised 363,000 a week earlier. Reaction to the report was muted, however, since markets are waiting for the government's monthly employment report, due on Friday.

(Reporting by Ellen Freilich Editing by W Simon)

((ellen.freilich@thomsonreuters.com 646-223-6309))

Keywords: MARKETS BONDS