U.S. Treasury yields were choppy Thursday, with investors weighing a hotter-than-expected inflation reading against a surprisingly big jump in weekly unemployment claims. By the end of the session, according to Tradeweb: The yield on the benchmark 10-year U.

U.S. share futures dropped, the dollar weakened and benchmark Treasury yields dipped as marginally-above-expectation U.S. inflation data and higher jobless claims did not challenge market bets the Fed will cut rates in November.

U.S. Treasury yields were lower on Tuesday as investors looked ahead to fresh economic data and weighed comments from Federal Reserve Chairman Jerome Powell.