From Dow Jones & Company:

Treasury yields were up on Thursday following a lackluster sale of 7-year notes, with the yield on the 2-year Treasury note rising to 4.267%, and the 10-year yield went up to 3.843%. This comes after the Treasury Department sold $40 billion in 7-year notes, resulting in a high yield of 3.859%. Yields have been on a decline since October, especially in anticipation of interest rate cuts by the Federal Reserve in the coming year. Additionally, there are reports of an increase in Americans applying for unemployment benefits and a widening of the U.S. trade deficit in goods.



Read more: Treasury bond yields extend bounce after weak 7-year note auction