10-year Treasury yield slightly higher as investors await Fed speeches, economic data

The 10-year Treasury yield was slightly higher on Thursday as investors closely monitored speeches from a host of Federal Reserve officials.

was slightly higher on Thursday as investors closely monitored speeches from a host of Federal Reserve officials and awaited the release of key economic data.

"On inflation, it is too soon to say whether the recent readings represent more than just a bump," Powell said in remarks ahead of a question-and-answer session at Stanford University. On the data front, initial jobless claims for the week ending March 30 will be released on Thursday at around 8:30 a.m. ET. U.S. trade deficit data for February is expected at the same time.

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