NEW YORK, March 9 (Reuters) - U.S. Treasury debt prices trimmed early losses on Thursday after weekly first-time jobless claims came in higher than expected, quelling some concerns about wage-related inflation worthy of the Federal Reserve's attention.
Weekly jobless claims rose to 303,000 in the week ended March 4, above both economists' expectations of 290,000 and the prior week's 295,000 result.
Benchmark 10-year notes <US10YT=RR> cut their early losses in half and were trading 2/32 lower in price for a yield of 4.742 percent compared with 4.732 percent on Wednesday. Two-year notes <US2YT=RR> were about steady for a yield of 4.729 percent.
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