U.S. Treasury Yields Mixed Following Economic Data

Treasury yields in the United States showed a mixed performance on Thursday after mixed data reduced expectations of a rise in inflation.

Return on the 10-year Treasury bond declined by 1.1 basis points to 1.286%.

Earlier today, the benchmark Treasury bond yield exceeded 1.3% and reached an intraday high of 1.316%.

Meanwhile, the 30-year bond yield increased by 0.9 basis point to 2.076%.

As for the return on the two-year notes, it remained nearly unchanged at 0.107%.

Earlier today, data by the U.S. Department of Labor showed an increase in jobless claims to 861,000 last week, while a report by the Department of Commerce indicated that housing starts decreased by 6% to a seasonally adjusted annual rate of 1.58 million units in January.