US Treasury Yields Fall as Investors Await Key Economic Data

US Treasury yields fell across the curve on Thursday as investors waited for key economic data to gauge growth, inflation, and the Federal Reserve's next moves after a sharp sell-off in global bond markets.

The benchmark 10-year Treasury yield dropped more than 2 basis points to 4.7680%, while the 30-year Treasury yield fell about 2 basis points to 5.2433%.

The policy-sensitive two-year yield was more than 2 basis points lower at 4.3609%.

This move followed a broader recovery in global government bonds after yields reached multi-year and, in some cases, multi-decade highs.