FxWirePro: Daily Commodity Tracker - 21st March, 2022 
The U.S. Treasuries saw mixed performance Friday following stronger than expected results from Philadelphia Fed manufacturing and existing home sales releases, contrasted by a rebound in jobless claims back towards the 260k mark.
The yield on the benchmark 10-year Treasury note hovered around 1.75 percent, the yield on long-term 30-year Treasury fell 1 basis point to 2.49 percent and the yield on short-term 2-year note climbed 1 basis point to 0.836 percent by 12:00 GMT.
The October Philadelphia Fed index revealed a decrease in the headline measure to +9.7, above expectations for a +7.0 result, as compared to the unrevised +12.8 reading seen in September. Despite the decrease seen in the headline, readings among key subcomponents were stronger, highlighted by upward pressure seen in new orders (+16.3, from +1.4), shipments (+15.3, from -8.8), the number of employees (-4.0, from -5.3) and the average workweek (-12.2, from -11.7). In terms of pricing, a weaker inflationary pressure was seen in prices paid (+7.0, from +20.6). Meanwhile, expectations for improvement moving forward were weaker for business conditions over the next six months, pushing lower to +32.6, from +37.5.
On the other hand, the US Initial jobless claims for the week ending 15 October increased to 260k, versus the revised 247k reading seen in the week prior (previous was 246k), above expectations for a 250k result. The 4-week average was reported at 251.8k, up from the revised 249.5k reading seen in the week prior (previous was 249.3k). Meanwhile, continuing claims for the week ending 8 October increased to 2.057mln, versus the 2.050mln reading seen prior. The insured unemployment rate held unchanged at 1.5 percent.
Meanwhile, the S&P 500 Futures traded 0.32 percent lower at 2,130.25 by 12:20 GMT.
