Economic data and Fed speeches are awaited by investors as treasury yields remain unchanged.
On Thursday, treasury yields remained relatively stable as investors closely watched new economic data and a series of speeches from Federal Reserve officials.
The 10-year and 2-year Treasury yields decreased slightly, with the 10-year yield at 4.439% and the 2-year yield at 4.271%.
Prices and yields move in opposite directions, with one basis point equal to 0.01%.
The release of the latest weekly initial jobless claims and the producer price index for October is eagerly anticipated by investors.
According to a Dow Jones consensus estimate, the PPI figure, which gauges what producers receive for their goods and services, is predicted to rise by 0.2% compared to the previous month.
On Thursday in Dallas, Texas, Jerome Powell, the Federal Reserve Chair, will address the U.S. economic outlook.
On Thursday morning, Fed Governor Adriana Kugler stated that there has been "considerable" progress on inflation. Later in the day, Richmond Fed President Tom Barkin and New York Fed President John Williams are expected to deliver remarks.
As investors and economists analyze the potential impact of President-elect Donald Trump's return to the White House on U.S. interest rates, speeches are being given.
In line with expectations, the U.S. central bank made its second consecutive interest rate cut earlier in the month, and traders anticipate a good chance of another reduction in December.
— CNBC's Sarah Min contributed to this report.
Markets
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