The U.S. 10-year Treasury was slightly lower on Wednesday as investors await economic data and take stock ahead of the New Year.

The yield on the 10-year Treasury dipped by a basis point to 4.112% at 4:10 a.m. ET. The yield on the 2-year Treasury was also last seen roughly 1 basis point lower at 3.446%.

Yields and prices move in opposite directions. One basis point equals 0.01%.

On the data front, jobless claims for the week through to Dec. 27 will be published at 8:30 a.m. ET.

It marks the final data release of 2025, with investors set to scrutinize the figures for any further clues on the Federal Reserve’s monetary rate path.