- There will be updated jobless numbers due at 8:30 a.m. ET.
- The U.S. Treasury will auction $13 billion in 10-year TIPS (Treasury Inflation-Protected Securities).
U.S. government debt prices were lower on Thursday morning as traders awaited fresh data.
The yield on the benchmark 10-year Treasury note was higher at around 2.8839 percent at 4:22 a.m. ET, while the yield on the 30-year Treasury bond was higher at 2.9967 percent. Bond yields move inversely to prices.
While Wall Street will be turning its attention to brand-new corporate earnings, bond investors will be focused on key data.
There will be updated jobless numbers due at 8:30 a.m. ET, an important economic indicator for the Federal Reserve plotting the course of interest rate increases and thus for bond investors.
The Philly Fed manufacturing index is also due at the same time.
Meanwhile, the U.S. Treasury meanwhile will auction $13 billion in 10-year TIPS (Treasury Inflation-Protected Securities).
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