The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 2 basis points to 4.564%.

The 30-year U.S. Treasury yield rose six basis points to 5.2% on Tuesday, its highest level since 2007, threatening to raise the cost of borrowing.

Yields on U.S. Treasurys moved lower early Wednesday, as investors continue to monitor "significant" inflation risks.

Borrowing costs edged higher Thursday as investors eye ongoing inflationary pressures in the U.S. economy.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 2 basis points to 4.564%.