(Bloomberg) -- Treasuries were little changed after a report showed the number of workers who filed for first-time unemployment benefits last week declined to the lowest in more than three months and U.S. worker productivity last quarter grew at a slower pace.
The Labor Department in Washington said initial jobless claims totaled 305,000 in the week ending April 28, from a revised 326,000 during the previous period. The median estimate of 44 economists surveyed by Bloomberg News was for 325,000. The four-week moving average, a less volatile measure, fell to 328,750 from 333,250.
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