Treasuries moved to the downside during trading on Thursday, giving back ground after moving higher over the two previous sessions.
Bond prices fluctuated early in the session but spent most of the day in negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose 2.0 basis points to 4.160 percent.
The pullback by treasuries came as the Labor Department released a report showing first-time claims for U.S. unemployment benefits unexpectedly dipped in the week ended January 10th, partly offsetting concerns about the strength of the labor market.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.