U.S. Treasuries tad lower ahead of initial jobless claims, 10-year auction

The U.S. Treasuries remained flat ahead of the country’s initial jobless claims, scheduled to be released today, besides the 10-year auction, due later in the day.

The yield on the benchmark 10-year Treasury, rose nearly 1 basis point to 2.27 percent, the super-long 30-year bond yields hovered around 2.84 percent and the yield on short-term 2-year note traded nearly flat at 1.36 percent by 11:30GMT.

It is yet another quiet day for economic data from the US sees the release of the July Philly Fed survey along with the usual weekly jobless claims numbers. The Department of Treasury is scheduled to sell 10-year TIPS ay 17:00GMT.

Meanwhile, the S&P 500 Futures traded almost flat at 2,472.50 by 11:40GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at -20.55 (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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