September FOMC minutes reportedly showed 16 of 18 officials expected another rate hike

A market roundup said Fed minutes showed 16 of 18 officials expected another rate hike and linked that outlook to Treasury yields near their highest since 2002. Coin Bureau said initial jobless claims came in at 197,000 against 200,000 expected, arguing the stronger labor data could lift the dollar and yields while weighing on stocks and crypto.