Yields rise after initial jobless claims fall

Breakdown

• Initial jobless claims fell to 191,000, lowest since September 2022 17s
• Bond yields and dollar index spiked after jobless claims data 1m 6s
• Japanese government bond yields up 28 basis points since October 22 1m 42s
• German bund and U.S. 10-year yields also increased since October 1m 44s
• Rate increases now driven by fiscal issues and sluggish economies 2m 2s