2 March 2001, 11:19  The Labor Department's jobless claims number Thursday

The Labor Department's jobless claims number Thursday came in at +39k to 372k. Personal income rose 0.6% and spending rose 0.7%. The data were supportive for treasuries, and supplied support for all benchmarks; but, the back end saw more interest, flattening the curve. The 10am NAPM data came in around expectations, at 41.9%, with prices paid at 58.1%. Right before NAPM, the pit reported good buying of Jun 10Y futures led by a N.Y. dealer who bought 3.5k contracts between 105-26 to 106.

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