Treasury yields move lower as investors await more jobs data

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U.S. Treasury yields were lower on Thursday as investors awaited more jobs data and weighed the state of the U.S. economy.

The 10-year Treasury yield dropped more than 1 basis point to 4.262%, and the 30-year Treasury yield was less than 1 basis point lower at 4.91%. The 2-year Treasury note yield was down more than 2 basis points at 3.533%.

One basis point is equal to 0.01%, and yields and prices move in opposite directions.

The economic data slated for release on Thursday include the JOLTs job openings report at 10 a.m. ET, which will provide investors with further insights into the labor market after a weaker-than-expected jobs report on Wednesday. Investors will also await the weekly initial jobless claims at 8:30 a.m. ET.

Treasury yields move lower as investors await more jobs data

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