U.S. government debt prices erased slight gains on Thursday as investors parsed through key economic data.
Initial jobless claims fell by 3,000 to 258,000. Meanwhile, the final read on fourth-quarter GDP showed growth of 2.1 percent, above a preliminary read of 1.9 percent.
The yield on the benchmark 10-year Treasury note was higher at around 2.42 percent, while the yield on the 30-year Treasury bond was also higher at 3.032 percent. Yields move inversely to prices.