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.