US Treasury yields fall as Middle East tensions and jobless claims data weigh

hindustantimes.com —

US Treasury yields fell on Thursday as investors monitored Middle East tensions and awaited US jobless claims data, with the 10-year yield dropping over 7 basis points to 5.0732%. The 30-year yield declined 6 basis points to 5.3751%, while shorter-term yields also fell, including the 2-year at 4.736%. Economists expect 200,000 initial jobless claims for the week ended October 17, which investors will assess for labor market and interest rate clues. Brent crude rose 3.33% to $112.44 a barrel following a New York Times report that the US and Israel may consider renewed strikes on Iran after next month's midterm elections.


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