Inititial claims fall 14K to 351K, Empire jumps to 20.2

Continuing claims fell to 3,343,000.

Solid data overall, supporting the continued back-up in US yields.

USD/JPY should remain the prime beneficiary of the higher yields. US 10-year notes are up to a 2.32% yield this morning from a low this week of 1.99% .

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