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Treasuries fell Thursday as a decline in initial jobless claims and progress in the war in Afghanistan gave traders the idea that the Federal Reserve may not ease interest rates again before the end of the year.

According to government data, first-time jobless claims fell by 8,000 to 444,000 in the week that ended Saturday. The number of people continuing to draw benefits rose to 3.83 million.

Around midday, the two-year note was down 6/32 to 99 28/32, yielding 2.81%, and the five-year was lower by 12/32 to 98, yielding 3.94%. The 10-year Treasury was losing 15/32 to 103 5/32 to yield 4.59%, and the 30-year bond, which is being discontinued by the Treasury Department, was down 27/32 to 104 15/32 with a yield of 5.08%.

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