Ekonomické zprávy
21.10.2021

10-year U.S. Treasury yield holds above 1.64%

CNBC reports that the 10-year U.S. Treasury yield held above 1.64%, ahead of the release of weekly jobless claims data.

The 10-year rate hit 1.67% earlier this week, as investors eyed strong earnings, which boosted hopes of a continued economic recovery.

The Labor Department is due to release the number of jobless claims filed during the week ended Oct. 16 at 12:30 GMT.

Last week, the number of weekly unemployment insurance claims fell below 300,000 for the first time since the start of the coronavirus pandemic. Investors will be watching to see if jobless claims continue to fall, particularly given that the Federal Reserve has indicated that it will soon start to normalize its monetary policy, as the central bank nears its economic goals.

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