Treasury Yields Continue To Climb
In Thursday’s economic news
Initial Jobless Claims rose slightly more
than expected (report).
Bond prices extended their decline, closing lower
for the seventh consecutive day.
The US Dollar Index rose, as the Dollar posted solid gains versus all the
majors.
Gold closed slightly lower, along with Silver. Copper opened strong but closed
weak, just above the low of the day.
Crude Oil closed flat, Unleaded Gas and Heating Oil rose, while Natural Gas
declined as the EIA reported a rise in stockpiles.
Cotton -3.48% was the only faller among the softs.
Soybean Oil +0.20% was the only riser among the grains.
The meats were mixed.
Economic News
Initial Jobless Claims Up 11,000 To 308,000 (report)
EIA – Natural Gas Stockpiles Rose 79 BCF
For more reports and analysis go to our
Economic
News section.
Ashton Dorkins
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