U.S. Treasury yields held steady as investors focused on unemployment claims and mortgage data.
On Wednesday, US government bond yields held steady, with the 10-year Treasury yield at 5.1211%, the 2-year Treasury yield at 4.7889%, and the 30-year Treasury yield at 5.4320%. Investors are awaiting more economic data, including the latest weekly 30-year fixed mortgage rate to be released later by the Mortgage Bankers Association, and the initial jobless claims for the week ended October 17, to be released by the Department of Labor on Thursday, to assess the US economic outlook.
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