By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices gave up earlier gains on Thursday, pushing yields higher, after the U.S. Labor Department said jobless claims fell 37,000 to 404,000 in the latest week, a bigger drop than analysts expected. Yields on 10-year notes (UST10Y 3.37, +0.03, +0.99%) , which move inversely to yields, rose 2 basis points to 3.39%, after being lower by 1 basis point before the data. Still to come is a report on home sales, a Federal Reserve buyback and the Treasury Department's sale of inflation-linked debt. The government will also announce how much in notes it will auction next week.
