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Treasury yields were trading nearly flat Thursday morning, as investors weighed fresh data on jobless claims and U.S. economic growth. The yield on the 10-year Treasury note was up less than
1 basis point at around 4.48%, while the 2-year Treasury rate shed about 1 basis point to around 3.98%, according to FactSet data, at last check. Initial jobless claims increased 14,000 to
240,000 in the week ending May 24, according to a report Thursday from the Department of Labor released at 8:30 a.m. Eastern. That’s above the 230,000 claims forecast by economists polled by
the Wall Street Journal.