U.S. government debt prices were higher on Thursday morning, as investors monitored economic data, Treasury auctions and Fed speeches.
The U.S. 10-year note had climbed to a high of 0.691% in the previous session, hitting its highest level since July 7. The 30-year bond rose to a high of 1.384% on Wednesday, its highest level since July 9, before paring gains.
Three policymakers from the U.S. Federal Reserve warned on Wednesday that economic growth would most likely be muted until the virus was contained,To date, more than 20.6 million people have contracted the Covid-19 infection worldwide, with 749,421 related deaths, according to data compiled by Johns Hopkins University.
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