Treasury yields tick higher after Fed holds interest rates steady

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U.S. government debt prices were lower Thursday morning, as investors await Treasury auctions and fresh economic data.

It is expected that the high-stakes meeting will see senior U.S. officials put forward divergent views on whether to go ahead with Sunday's planned charges on approximately $156 billion in Chinese goods.

On the data front, the latest weekly jobless claims and producer price index figures for November will both be released at 8:30 a.m. ET. The U.S. Treasury is set to auction $40 billion in four-week bills, $35 billion in eight-week bills and $16 billion in 29-year and 11-month bonds on Thursday.

 

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