At around 3:25 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.3611 percent, while the yield on the 30-year Treasury bond was also lower at 2.8082 percent.
The U.S. Treasury yield curve has inverted before each recession in the past 50 years and has only offered a false signal just once in that time, according to data from Reuters. On the data front, the latest weekly jobless claims figures and a third reading of fourth-quarter GDP will be released at around 8:30 a.m. ET.
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