added less than a basis point, advancing to 1.871%. Yields move inversely to prices and 1 basis point is equal to 0.01%.The Labor Department is due to release the number of jobless claims filed during the week ended Sept. 11 at 8:30 a.m. ET. Economists polled by Dow Jones expecting a total of 320,000 Americans filed for unemployment insurance last week.
The Federal Reserve is monitoring the recovery in the labor market to help decide when it will begin tapering its asset purchases.
NOT a good indicator of success!
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