U.S. Treasuries flat ahead of weekly initial jobless claims, FOMC speeches

The U.S. Treasuries flat during Thursday’s afternoon session ahead of the country’s weekly initial jobless claims, scheduled to be released today by 13:00GMT and speeches by FOMC members Kashkari and Williams and Chicago Fed President Evans later in the day.

Also, the 30-year auction, due today at 18:00GMT shall add further direction in the debt market.

The yield on the benchmark 10-year Treasury yield hovered around 1.872 percent, the super-long 30-year bond yield remained tad down at 2.354 percent and the yield on the short-term 2-year remained steady at 1.585 percent by 11:25GMT.

Risk aversion eased on reduced fears over a further immediate escalation in the Middle East after a US strike on January 3 that killed a senior Iranian military commander. European bourses opened higher, USTs and Bunds gave back part of recent hefty gains earlier today, while oil and gold prices dropped to levels that prevailed before the killing of the Iranian commander, Eurobank Economic Analysis & Financial Markets Research reported.

Meanwhile, the S&P 500 Futures remained tad 0.33 percent higher at 3,271.12 by 11:35GMT.