Other markets including stocks and energy will also close early, shutting at 1 p.m. ET and 1:30 p.m. ET, respectively. Limited liquidity in markets tends to heighten the severity of market moves, particularly during the holiday periods of Christmas and New Year's Eve, when most Western markets will be closed.
U.S. 10-year Treasury yields fell early on Thursday to trade around 2.2410 percent, after closing at 2.264 percent on Wednesday.
Meanwhile, longer-dated 30-year bonds were up at 2.9632 percent after finishing at 2.998 percent in the previous session, after passing the 3 percent handle and hitting a one-week high earlier on Wednesday.