Initial jobless claims rose 3,000 to 229,000 in the week ended March 17, the Labor Department said Thursday.
The claims figure for the week ended March 10 was unrevised at 226,000. Continuing jobless claims were 1.828 million in the week ended March 10, down 57,000 from 1.885 million the week before.
IFR Markets expected 225,000 initial claims and 1.895 million continuing claims.
The four-week average of initial claims was up 2,250 in the week ended March 17 to 223,750.
Student loan issuers are watching federal policy, from the Department of Education to the tax-exemption, to decide on the timing and size of their annual deals.
Munis yields followed UST yields higher Monday, rising one to four basis points, depending on the scale, but the asset class outperformed USTs.
The hotly anticipated bill from Ways and Means is the first detailed draft and could change as it moves through the legislative process.
California Gov. Gavin Newsom released an enforcement model in conjunction with $3.3 billion in grant funding from a bond measure.
Federal Reserve Gov. Adriana Kugler said in a speech in Dublin that trade barriers could soon affect prices and slow down growth while increasing uncertainty in 2025.
In April, WisdomTree launched two new exchange-traded funds, Nuveen debuted a high-income separately-managed account product and more.
