Capital Markets Update – Jobless Claims Drop By 22,000

Quicken Loans Capital Markets Update for December 31, 2009

The market will be closing early today in recognition of the New Year’s holiday. Treasury prices are lower this morning on the more familiar than expected initial jobless claims and continuing claims reports.

Fewer folks filed claims for unemployment benefits last week. The digit of unemployment claims dropped by 22,000 down to 432,000.

Have a great New Year’s!

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