10-year Treasury yield falls as investors continue to assess path ahead for rate cuts

Thursday will see new data releases on gross domestic product growth and jobless claims.

A rally in government debt has driven yields past many targets this year, as bigger-than-expected falls in inflation have increased bets for interest rate cuts.

10-year U.S. Treasury yields have declined by almost a percentage point since the end of October on rising expectations that the Fed will begin cutting rates as soon as March.