Markets - Market News
Initial Jobless Claims Jump 20,000 to 362,000 in Week Ended Feb. 16
Thursday, February 21, 2013
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Initial claims for U.S. state unemployment benefits rose 20,000 to 362,000, a level above expectations for the Feb. 16 week and exactly the same as a year earlier, the Labor Department reported Thursday.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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