US stock futures steadied Thursday after the Dow, S&P 500 and Nasdaq Composite all declined in the previous session. Treasury yields rose to multi-decade highs after strong economic data and a weak Treasury auction, while energy prices renewed inflation concerns. The benchmark 10-year US Treasury yield reached around 5.11%, its highest level since July 2007. S&P Global PMI (business activity survey) data showed strong new orders and multi-year highs in input and output price inflation, increasing expectations of another Federal Reserve rate hike this year. Oil prices rebounded amid continuing uncertainty over progress in US-Iran talks. Investors are awaiting weekly jobless claims data and earnings from Costco and Darden Restaurants.