The yield on the 10-year Treasury was nearly 2 basis points lower at 3.625%, with the 2-year Treasury yield down 2 basis points at 3.586%.
Treasury yields dipped on Wednesday as investors awaited the release of U.S. inflation data for clues on the size of a potential interest rate cut from the Federal Reserve next week.
The reports come ahead of the Fed's Sept 17-18 meeting, with traders widely expecting a rate cut.
Others have described such a move as one that would be "very dangerous" for markets, pushing instead for the Fed to deliver a quarter-point rate cut instead.
Traders are currently pricing in a 67% chance of a 25-basis-point rate cut, with 33% expecting a 50-basis-point rate reduction, according to the CME Group's FedWatch Tool.
Organizations:
Treasury, Federal Reserve, Fed
Locations:
U.S