CNBC reports that U.S. Treasury yields fell, despite the Fed's latest policy meeting minutes showing that the central bank was preparing to taper bond purchases this year.

The yield on the benchmark 10-year Treasury note fell nearly 5 basis points to 1.223%. The yield on the 30-year Treasury bond gave up 6 basis points, falling to 1.856%.

Minutes from the Federal Open Market Committee’s July policy meeting, released on Wednesday, showed that central bankers were making plans to pull back bond purchases before the end of 2021. However, FOMC members stressed that employment had not met the “substantial further progress” benchmark the Fed set before it would consider raising interest rates.

In terms of data due out on Thursday, the Labor Department is due to release weekly jobless claims data at 12:30 GMT. Economists expect a total of 365,000 claims were filed in the week ended Aug. 14, slightly below the total of 375,000 the prior week.