10-year Treasury yield finishes at lowest level of year as traders weigh litany of risks

Treasury yields ended at their lowest levels of the past three to five weeks on Thursday as traders considered a raft of risks to the U.S. economy, labor market, and Federal Reserve policy. Read: Markets anticipate threat of Fed ‘policy mistake’ after Powell pushes back on March rate cut

What happened

What drove markets

In data released on Thursday, initial jobless claims rose to an almost three-month high of 224,000 at the end of January, a sign of possible softening in the robust labor market. Meanwhile,…