U.S. Treasurys are little changed after Federal Reserve Chairman Ben Bernanke gave no sign the central bank would provide another boost to the economy soon.
In late Thursday trading, the 10-year Treasury note is down 16 cents for every $100 invested with a 1.66 percent yield. That's slightly higher than late Wednesday when the yield was 1.64 percent.
Treasury prices fell as stocks jumped in morning trading after China cut its benchmark lending rate for the first time in four years. Treasurys soon reversed course as Bernanke said little in his testimony before Congress to make traders think an effort to stimulate the economy was in the works.
Other Treasury prices dipped. The price of the 30-year bond fell 25 cents. Its yield rose to 2.75 percent from 2.73 percent.