Treasury yields tick lower ahead of third-quarter growth figures

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Treasury yields moved slightly lower on Thursday ahead of economic data due to be released later today.

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, due at 08:30 a.m. ET, which is expected to show historic growth of 30% or more in the third quarter.

Traders are also digesting rising cases of the coronavirus in the U.S. and diminished hopes that a economic stimulus deal will be reached before the presidential election next week. Also due today are U.S. jobless claim figures, which are due out Thursday at 08:30 a.m. ET, while pending home sales data will be released at 10:00 a.m. ET.

In addition, $30 billion worth of four-week bills go up for auction today, along with $35 billion of eight-week bills. Another $53 billion in seven-year notes is also up for auction.

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