Bond yields climbed on Thursday as investors awaited key economic data releases. The market is keenly focused on these indicators, which are expected to provide further clarity on the pace of economic growth and inflationary pressures. Analysts suggest that stronger-than-expected data could lead to increased expectations of tighter monetary policy, further pushing yields higher. Conversely, weaker data might temper those expectations and potentially lead to a decline in yields.

The upcoming data includes figures on durable goods orders, initial jobless claims, and housing market activity. These reports will offer a comprehensive view of the current economic landscape. Market participants are adjusting their portfolios in preparation for potential shifts in interest rate policy by the Federal Reserve.