The 10-year Treasury yield is hovering near 5.33%, while the 30-year approaches 5.7%. Today's economic calendar features initial jobless claims at 8:30 AM ET, expected near 200,000 versus 197,000 previously, along with Fed commentary from Christopher Waller and Alberto Musalem and a $22 billion 30-year Treasury auction. On the corporate front, Applied Digital is gaining roughly 4% premarket after reporting revenue growth exceeding 300%, while Levi Strauss reported better-than-expected earnings but weaker-than-expected revenue. PepsiCo reports before the opening bell. Oil prices, Treasury yields, jobless claims, the bond auction and Fed commentary are today's primary catalysts, with renewed inflation fears threatening the recent AI-led rally. 08-OCT-2026 06:42 AM ET