TREASURIES-Bonds fall as jobless dip encourages profit-taking

(Reuters) - NEW YORK, July 19 - U.S. Treasuries eased on
Thursday as a sharper-than-expected drop in weekly jobless
claims offered a convenient excuse for investors to book
profits on a week of gains.




The lower trend in claims for jobless benefits points to a
relatively tight labor market, analysts said. "Inflation
pressures from tight capacity utilization will remain a concern
for the Fed," said T.J. Marta, fixed income strategist at Royal
Bank of Scotland.


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