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Analysts: Rising number of initial unemployment claims is related to Texas abnormalities

Source: BlockBeats
BlockBeats News, on September 11, Jordan Rochester of Ruisui Bank pointed out that the surge in initial unemployment claims was driven mainly by Texas. Perhaps this is why the bond market has given up its earlier gains. "It's hard to be too excited about the surge in applicants this time, and don't think it will be a long-term trend, as it's mainly driven by anomalies in Texas." (Kim Ho)
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