By Vicky McKeever, CNBC • Updated 2 hours ago Source: The New York Stock Exchange The 10-year yield closed the previous session at 1.70%, it's highest point in over a month, after a key inflation report showed prices increased faster than expected. April's Producer Price Index is expected to be released at 8:30 a.m. ET on Thursday. U.S. Treasury yields retreated on Thursday morning, though the 10-year rate held above 1.68%, following a higher-than-expected inflation print. Download our mobile app for iOS or Android to get alerts for local breaking news and weather. The yield on the benchmark 10-year Treasury note fell to 1.6864% at 4:40 a.m. ET. The yield on the 30-year Treasury bond dipped to 2.4010%. Yields move inversely to prices.