Fed Governor Christopher Waller stated on Thursday that further interest rate hikes are necessary to bring inflation down to the central bank's 2% target, but emphasized that these hikes do not need to occur at consecutive meetings. His comments come as the benchmark 10-year U.S. Treasury yield was little changed at 5.273%, while the 2-year yield rose over 3 basis points to 4.802% and the 30-year yield fell over 1 basis point to 5.643%. Investors are also anticipating the day's 30-year bond auction, following strong demand for Wednesday's 10-year note auction, where global central banks accounted for over 80% of purchases.