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U.S. Treasury yields were lower on Thursday as investors awaited more labor market data and looked ahead to the key inflation report.

At 5:35 a.m. ET, the 10-year Treasury yield was down 1 basis point to 4.171%, and the 30-year Treasury yield was also down 1 basis point to 4.799%. The 2-year Treasury note yield was less than a basis point lower at 3.505%.

One basis point equals 0.01%, and yields move inversely to prices.

Investors are still weighing the January nonfarm payrolls report, which showed job growth of 130,000 last month, coming in above Dow Jones’ economists’ expectations of 55,000, and much higher than December. The unemployment rate moved lower to 4.3% from 4.4%.