Treasury yields were trimming earlier declines after a barrage of pre-Thanksgiving economic data added to the case for gradual Fed rate cuts .

The number of Americans who applied for unemployment benefits in the week before the Thanksgiving holiday dipped to a seven-month low in a sign of strength for a steadily expanding U.S. economy.

Concerns about the economy won’t keep Americans from getting into the holiday spirit — and the highest earners are ready to shell out plenty of extra money while shopping this weekend.