Treasury yields fall further from 16-year high after initial jobless claims

Treasury yields were mixed to slightly lower Thursday morning, with the 10-year rate slipping further from its 16-year high, after data showed U.S. weekly initial jobless claims inched up to 207,000.

Meanwhile, the U.S. trade deficit shrank by 10% in August to an almost three-year low of $58.3 billion, reflecting a change in consumer spending habits and possibly some developing weakness in the economy.

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