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The U.S. Treasuries gained during Thursday’s afternoon session ahead of the country’s producer price inflation (CPI) for the month of October, scheduled to be released today by 13:30GMT.
The yield on the benchmark 10-year Treasury yield suffered 2 basis points to 1.850 percent, the super-long 30-year bond yield also lost 2 basis points to 2.329 percent and the yield on the short-term 2-year traded tad down at 1.626 percent by 13:10GMT.
In addition, Federal Reserve Chair Jerome Powell is due to deliver a testimony today at 15:00GMT, besides, speeches by FOMC members Clarida, Williams and Bullard, all due later in the day, which shall provide further direction into the debt market.
Meanwhile, the S&P 500 Futures remained tad -0.16 percent down at 3,090.62 by 13:15GMT.
