2-year yield hits another 52-week high, 10-year rate highest since May as weekly jobless claims fall to pandemic low

2-year yield hits another 52-week high, 10-year rate highest since May as weekly jobless claims fall to pandemic low
·4 min read

Treasury yields moved higher Thursday as U.S. weekly jobless benefit claims fell to a pandemic low of 290,000, and traders factored in rising inflation ahead of the next Federal Reserve policy meeting in early November.

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