Bonds

US Treasurys mixed as investors digest employment data

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U.S. government debt prices were mixed Thursday as investors digested key employment data.

ADP payrolls rose 172,000 in June, above an expected read of 159,000, but revised down its May total. Initial jobless claims, meanwhile, fell to 254,000.

"Bottom line, with the downward revision in May, the combined two months saw job growth a touch above expectations but there is a clear trend now underway. That is of a slowing pace of hiring's," Peter Boockvar, chief market analyst at The Lindsey Group, said in a note to clients.

The yield on the benchmark 10-year Treasury note sat higher, at 1.3926 percent, while the yield on the 30-year Treasury bond was lower at 2.1481 percent. Two-year note yields, meanwhile, rose slightly, to 0.5892 percent.

Bond prices move inversely to yields.

U.S. 10-year and 30-year yields hit record lows on Wednesday, before bouncing back.

Treasurys