U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the state of the U.S. economy.

Bond yields were little changed early Thursday, as investors continued to digest Wednesday’s news that headline annual consumer price inflation was 2.8% in February, down from 3.0% the month before. However,

Treasury yields and the dollar weaken as the first inflation index covering a full month of the Trump administration comes slightly below forecast. February's CPI rises 2.8%, slowing from January's 3% pace.