CNBC reports that the 10-year U.S. Treasury yield held above 1.58%, as investors continued to digest hotter inflation data.
The yield on the benchmark 10-year Treasury note rose by 2,7 basis points to 1.581%. The yield on the 30-year Treasury bond rose by 1.6 basis points to 1.926%.
The 10-year rate made a sharp rebound on Wednesday, having lagged below 1.5% earlier in the week, following the latest inflation report.
On Friday, September’s job openings and labor turnover survey is due out at 15:00 GMT. The University of Michigan’s preliminary November consumer sentiment reading is also expected to be released at 15:00 GMT.