U.S. Treasury yields held steady on Thursday morning, ahead of the release of weekly jobless claims data.
The yield on the benchmark 10-year Treasury note was little changed at 1.56%. The yield on the 30-year Treasury bond was also flat at 2.26%. Yields move inversely to prices.
The number of new unemployment insurance claims filed during the week ended April 16 is due to be released at 8:30 a.m. ET on Thursday. Economists polled by Dow Jones have forecast 603,000 new jobless claims last week.
The Chicago Fed National Activity Index for March, which gauges economic activity and related inflationary pressure, is also set to come out at 8:30 a.m. ET.
Existing home sales data for March is then due to be released at 10 a.m. ET.
An auction of $24 billion 20-year bonds on Wednesday showed strong demand, according to a Reuters report.
Auctions are scheduled to be held Thursday for $40 billion of 4-week bills, $40 billion of 8-week bills and $18 billion of 5-year Treasury inflation-protected securities.
