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The U.S. Treasuries lost ground Thursday, as investors wait to watch the country’s initial jobless claims, scheduled to be released today by 12:30GMT.
The yield on the benchmark 10-year Treasuries jumped 2 basis points to 2.99 percent, the super-long 30-year bond yields also surged 2 basis points to 3.15 percent and the yield on the short-term 2-year traded nearly 2 basis points higher at 2.52 percent by 11:10GMT.
No showstoppers on the US data-front today, with the Federal Reserve’s Q1 flow of funds, April consumer credit figures, and the usual weekly jobless claims numbers on the docket.
Meanwhile, the S&P 500 Futures rose 0.15 percent to 2,776.50 by 11:15GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -44.72 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
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