U.S. Treasury Yields Down Following Unemployment Data

The U.S. Treasury yields declined on Thursday, following the release of unemployment data.

The number of people applying for jobless claims in the United States rose above one million once more, reaching 1.1 million last week, according to the U.S. Department of Labor.

The yield on the benchmark 10-year Treasury bonds decreased by 2.9 basis points, while the return on the 30-year Treasury bond declined by 3.8 basis points.

Meanwhile, the return on the two-year notes fell by 0.4 basis points.