US Treasury yields fall amid central banking news

The yield on the benchmark 10-year Treasury note was lower at around 2.924 percent at 5:35 a.m. ET, while the yield on the 30-year Treasury bond was lower at 3.202 percent. Bond yields move inversely to prices.

Investor anxiety was brought back to the surface Wednesday, after minutes from the Federal Reserve's latest meeting revealed that members saw an uptick in inflation and increased economic growth as reasons for the central bank to continue its path on raising interest rates gradually.

The central banking news consequently put markets on edge, with U.S. government debt yields rising sharply following the document's release, and Wall Street reversing gains, to finish the session down in the red.

The Fed said it still saw inflation reaching its 2 percent objective and that it didn't look like it was getting out of control. The news surrounding higher interest rates continued to weigh on markets Thursday, but this won't be the only piece of news set to shake up markets.

As debt yields pull back from their earlier gains, investors will be turning their attention to speeches by the U.S. Federal Reserve, and economic data.

On Thursday, Fed Governor Randal Quarles, New York Fed President William Dudley, Atlanta Fed President Raphael Bostic and Dallas Fed President Rob Kaplan will all be delivering remarks at separate engagements— with investors waiting to see if they provide further comments on the central bank's minutes release.

Overseas, the European Central Bank is due to release the minutes from its latest monetary policy meeting, which took place in January.

source: cnbc