Treasury Yields Drift Lower Ahead of Jobless Claims and Retail Sales Data

By Vicky McKeever, CNBC •
Updated 3 hours ago
NYSE
The Labor Department is set to report on the number of unemployment insurance claims filed last week at 8:30 a.m. ET Thursday.
March retail sales are also set to come out at 8:30 a.m. ET.
U.S. Treasury yields drifted lower on Thursday morning, ahead of the release of weekly jobless claims and monthly retail sales data.
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The yield on the benchmark 10-year Treasury note fell to 1.617% at 3:40 a.m. ET. The yield on the 30-year Treasury bond dipped to 2.297%. Yields move inversely to prices.

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