Visits: 3
U.S. government debt prices rose on Thursday as investors await a fresh round of key data.
div > div.group > p:first-child”>
The yield on the benchmark 10-year Treasury note fell to about 2.5686 percent, while the yield on the 30-year Treasury bond rose to 2.9760 percent. Bond yields move inversely to prices.
Bond traders will be particularly focused on upcoming jobless figures at 8.30 a.m. ET. This is a key number that the U.S. central bank tracks ahead of its policy decisions.
There will also be retail sales at 8.30 a.m. ET and flash manufacturing and services PMIs will be published at 9.45 a.m. ET.
In terms of key speeches, Atlanta Fed President Raphael Bostic will be speaking at 12 p.m. ET.
In terms of auctions, there will be a 4-week bill auction and a 5-year TIPS (Treasury inflation-protected securities) sale.