US Treasury bond yields fell slightly on Thursday morning before weekly unemployment claims data was released.
The benchmark ten-year government bond yield fell less than 1 basis point to 1.275% at 3:30 a.m. ET. The 30-year government bond yield fell less than a basis point to 1.924%. The returns move inversely to the prices and 1 basis point corresponds to 0.01 percentage points.
The U.S. Department of Labor will publish the number of jobless claims filed last week at 8:30 a.m. ET Thursday. Economists polled by Dow Jones expect 350,000 first-time filings in the week ending July 17, up from the previous figure of 360,000.
Existing home sales data for the US for June is scheduled to be released at 10 a.m. ET.
Auctions will be held Thursday for $ 40 billion 4-week bills, $ 35 billion 8-week bills, and $ 16 billion inflation-linked 10-year government bonds.
– CNBC’s Pippa Stevens contributed to this market report.