U.S. Treasurys prices edged lower on Thursday after positive U.S. economic data on existing home sales and factory activity lifted sentiment, while larger-than-expected weekly jobless claims failed to spur safe-haven bids.
The National Association of Realtors said existing home sales increased 1.3 percent to an annual rate of 4.65 million units in April, marking the second increase in sales in nine months.
Financial data firm Markit, meanwhile, said its preliminary or "flash" U.S. Manufacturing Purchasing Managers Index rose to 56.2 in May from 55.4 in April.
"I don't think any of the data this morning was that much of a surprise," said Brian Rehling, chief fixed-income strategist at Wells Fargo Advisors in St. Louis. He said the lack of downside surprises kept Treasuries prices slightly lower.