Treasuries recovered from initial weakness and showed a lack of direction before closing roughly flat. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to 4.07%.
Treasury yields were relatively unchanged on Thursday as investors reacted to better-than-expected economic data and looked ahead to a key inflation report.
The 10-year Treasury yield fell less than 1 basis point to 4.075%, as did the 30-year Treasury bond yield to 4.704%. The 2-year Treasury note yield was 1 basis point higher at 3.47%.