U.S. Treasury yields ebbed on Thursday morning, as investors clung to hopes that inflation may be starting to peak.
The number of initial jobless claims filed during the week ended April 9 is set to be released at 8:30 a.m. ET.
March's retail sales numbers, along with last month's export prices, are also due out at 8:30 a.m. ET. The University of Michigan's preliminary consumer sentiment index is slated to come out at 10 a.m. ET. Investors also continue to monitor developments in the Russia-Ukraine war. U.S. President Joe Biden announced another $800 million in weaponry for Ukraine on Wednesday, following an hour-long phone call with the country's president, Volodymyr Zelenskyy.
Auctions are scheduled to be held on Thursday for $35 billion of 4-week bills and $30 billion of 8-week bills.
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