Jamie Chisholm is a markets reporter based in London.
Benchmark bond yields again flirted with the 5% mark as robust economic data and worries about increased supply of Treasurys weighed on the fixed income market.
U.S. economic updates set for release on Thursday include third-quarter GDP, weekly initial jobless claims, and the September readings for durable goods orders, the trade balance in goods and wholesale and retail inventories, all at 8:30 a.m. Eastern. Pending home sales for September will be published at 10 a.m..
Also seen weighing on bond prices of late are concerns that the market will struggle to absorb the supply of Treasuries.
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