Treasuries fall after jobless claims data

The U.S. Treasuries declined on Thursday trading session pushing the benchmark 1-year yields towards the strongest level in one week after a government report showed that initial jobless claims in the country fell more than forecast last week. 10-year yields gained two basis points to 2.73% as of 10:16 a.m. New York time following a gain to 2.75%, the most since February 25.