Unemployment Requests Hit Six Year Low! Wall Street Journal

WSJ-Thursday's data boosted sentiment over the global economic outlook in areas key to the Federal Reserve's plans for its stimulus program, in particular. In the U.S., the number of people filing for unemployment benefits dropped to the lowest level since October 2007. Retail sales from the U.K. rose at a faster pace than economists' forecasts.

"Rising yields are a sign that the bond market believes the economic recovery to be self-sustaining,'' said Anthony Cronin, a Treasury bond trader at Société Générale. That, he said, adds to "nervousness" about the Fed starting to pull back on its bond purchases.-
 WSJ-http://online.wsj.com/article/SB10001424127887324823804579014511380799136.html