The jobless claims data released on Thursday showed that 207,000 people had applied for unemployment insurance in the past week, 5,500 lower than the FactSet estimate. In addition, continuing claims fell by 1,000, to 1.66 million, 20,000 less than economists expected.
All three major U.S. indexes fell in early trading on the news. The job market remains stubbornly buoyant, resulting in higher Treasury yields.
