Treasury yields are little changed as investors await more economic data

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U.S. Treasury yields were largely unchanged on Thursday as investors awaited some economic data and weighed the state of the U.S. economy.

The benchmark 10-year Treasury yield was flat at 4.048%, while the 30-year Treasury bond yield fell less than 1 basis point to4.693%. The 2-year Treasury note yield was also down less than 1 basis point at 3.469%.

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

Investors are awaiting some economic data, including Thursday’s jobless claims, out at 8:30 a.m. ET. They will also look ahead to the producer price index on Friday, set to be released by the Bureau of Labor Statistics in the morning.

Treasury yields are little changed as investors await more economic data

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