The U.S. Treasuries remained mixed during Thursday’s afternoon session ahead of the country’s consumer price inflation (CPI) for the month of September, scheduled to be released today by 12:30GMT, besides, the weekly initial jobless claims, also due later today.
In addition, speeches by Federal Open Market Committee (FOMC) members Kashkari and Mester, due today at 16:15GMT and 21:30GMT respectively, will add further direction to the debt markets.
The yield on the benchmark 10-year Treasury yield remained flat at 1.587 percent, the super-long 30-year bond yield gained 1 basis point to 2.096 percent while the yield on the short-term 2-year slipped 1-1/2 basis point to 1.460 percent by 11:35GMT.
While food prices will likely remain subdued, given the jump in the oil price earlier in the month headline inflation is expected to edge slightly higher to 1.8 percent y/y, Daiwa Capital Markets reported.
Further, core CPI is forecast to move sideways at 2.4 percent y/y. Elsewhere, the US and Chinese trade delegations are set to meet today, while in the markets, the Treasury will sell 30-year bonds, the report added.
Meanwhile, the S&P 500 Futures suffered tad -0.29 percent to trade at 2,911.38 by 11:40GMT.


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