Treasury yields edge higher ahead of weekly jobless claims data

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Treasury yields edge higher ahead of weekly jobless claims data
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U.S. Treasury yields edged higher early on Thursday, ahead of the release of weekly jobless claims data later in the morning.

Investors have been closely monitoring jobs data, given that the labor market recovery is being used by the Federal Reserve to gauge when it will start talking about tightening monetary policy.

The Labor Department's official July jobs report, due out on Friday, will be the core focus for investors this week. Fed Governor Christopher Waller is due to speak on central bank digital currency at the American Enterprise Institute at 10 a.m. ET on Thursday. Auctions are due to be held on Thursday for $40 billion of 4-week bills and $35 billion of 8-week bills.

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