The Bond Market was closed yesterday in celebration of the New Year. Treasure yields were up over night to their highest levels in more than two years on speculation the U.S. economy has improved enough for the Fed to not only taper bond purchases, but also end them in 2014. Initial Jobless Claims climbed to 342,000 last week, after falling the previous two weeks. The manufacturing index dropped to 547.7 last month; that is down from 57.3 in November. Today the Government will announce the size of the next three Treasury actions for the 3-, 10-, and 30-year notes.
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