U.S. Treasury slipped on Thursday in holiday-thinned trading, slightly cutting this week’s gains after the release of December’s jobless claims data.
At about 10:19 a.m. ET the yield on the benchmark 10-year Treasury note, which moves inversely to price, was flat at 1.903%, while the yield on the 30-year Treasury bond also was little changed at 2.333%.
Yields pared gains after the Labor Department said U.S. jobless claims fell 13,000 to 222,000 in the week ending Dec.21. The number is slightly higher than the 220,000 expected.