Treasuries saw a decline in trading on Thursday, reversing recent gains. The yield on the benchmark ten-year note rose to 4.333 percent. This drop was attributed to profit-taking after a period of strength in the market. President Trump’s positive comments on trade talks also influenced the market. Additionally, jobless claims unexpectedly decreased to 215,000, while new residential construction in the U.S. fell more than anticipated in March. Traders are now focusing on upcoming reports on durable goods orders and home sales, with trade developments also in the spotlight.

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