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U.S. bonds in late trading easier – charge U.S. data

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NEW YORK (Dow Jones) – With contributions have shown that U.S. bonds on Thursday in late trading in New York. However, that trade, lost because of premature end because of the upcoming New Year, in quiet lanes, it said.

As a light load proved the expected fall in U.S. weekly initial requests for unemployment benefits. Ten-year securities with a coupon of 3.375% were reduced to 13/32 at 96-7/32, and yielded 3.84%, 4.375% compounded with the Long Bond fell 17/32 to 95-25/32. Its yield rose to 4.64%.

The charges were reporting day of the final stroke of a disappointing year for the bonds was, a trader. Total would be for the investors in 2009 fell by 3.3% of full cost. This is the second largest decline since 1973. Only in 1994, a decrease of 3.38% was recorded. Thus, the yield on ten-year securities since the end of November, at around 70 basis points, had won.

On Friday will take place due to the annual change of no trade. With the beginning of next week and the return of investors in the market, it will be interesting again, as an observer. Moreover, stood a number of important data, especially the U.S. employment report for December, on the agenda. In addition, would have already been waiting with bated breath for the details of the U.S. Treasury auction of three, ten, thirty papers on Thursday.

In the U.S. labor market report, some economists expect, even with an increase in jobs. It would be the first increase since December 2007. One indication of such a development could also be published in the weekly reporting day U.S. have been initial applications. Here’s an unexpected decline was announced at 22,000, while Dow Jones Newswires had predicted an increase of Economists polled 3,000.

Following the announcement of the data, the economists at Deutsche Bank is now expected in December with an increase of 50,000 jobs.