Gennadiy Goldberg, head of U.S. interest rate strategy at TD Securities, believes that the initial request data is very positive for the market as a whole. It reinforces the fact that the growth momentum in the labor market is not slowing as reflected in the non-farm payrolls report, and it also reinforces that there are no very significant layoffs in the economy. What it confirms is that we are seeing an increase in the unemployment rate due to the addition of new labor rather than massive layo...