What Do The Boys In Chicago Think About Jobs?

08/14/08 03:20PM EDT
Jobless claims came in at an elevated 450,000 this week. Below we have attached a chart of Initial Claims over Treasury Futures.

This may be far too pedestrian an observation for some, but the boys in Chicago appear to have had their eyes firmly on the initial claims numbers since they started ticking up last month.

As the facts change, great traders do.
KM
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