US Treasury yields fall as investors track Middle East tensions, rising oil prices and jobless claims data
Summary
US Treasury yields fell on Thursday, October 22, as investors tracked Middle East tensions and rising oil prices while awaiting US jobless claims data for clues about the economy and interest rates. CNBC reports that the 10-year Treasury yield dropped below 5% to its lowest level in nearly a month as investors monitored a slump in stocks and surging oil prices.
Timeline
Hindustan Times
Source ↗Hindustan Times reports that US Treasury yields fell as investors tracked Middle East tensions, rising oil prices and US jobless claims data for clues about the economy and interest rates.
CNBC
Source ↗CNBC reports that the 10-year Treasury yield tumbled below 5% to its lowest level in nearly a month as investors monitored a slump in stocks and surging oil prices.

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