u.s. bond vefs, europe's spiraling crisis should mean treasuries will retain their position as the world's safe haven. >> that's why we don't expect a big selloff in the near term because we do expect the demand that's been around keeping treasuries around 2% of the 10-year, will continue to keep it there. >> reporter: u.s. financial markets are closed tomorrow, giving investors a much needed break. clearly it may be wise to keep one eye on the turkey, and the other on the european bonds. suzanne pratt, "nightly business report", new york. >> tom: as while it was disappointing news out of europe, we got some mixed news about the american economy, coming at the start of the critical holiday shopping season. the number of people seeking jobless benefits rose last week after two months of steady declines according to the labor department. initial claims jumped by 2,000 to 393,000. meantime, americans earned more last month. pay rose by the most in seven months. but we spent very little; a mere 0.1% increase from the previous month. and businesses pulled back on investments in long-lasting man