US Treasury yields unchanged after of jobless data

U.S. government debt yields were little changed Thursday following latest jobless claims numbers.

At around 10:21 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.522%, while the yield on the 30-year Treasury bond was also higher at 2.946%.


Investors are tracking earnings, with bond traders weighing up whether the Federal Reserve could perhaps return to a more hawkish stance if conditions look to be improving for large businesses in the country.

The number of Americans filing for unemployment benefits rose by the most in 19 months last week, the Labor Department said Thursday.

Initial claims for state unemployment jumped 37,000 to a seasonally adjusted 230,000 for the week ended April 20, according to the government report, the largest increase since early September 2017.

In terms of auctions, the U.S. Treasury is set to sell $32 billion in seven-year notes Thursday, $50 billion in four-week bills and $35 billion in eight-week bills.