By Saumya Vaishampayan
NEW YORK (MarketWatch) -- Treasurys fell on Thursday, pushing yields higher, as weekly jobless claims fell to the third lowest number of initial claims in five years. European Central Bank President Mario Draghi said monetary policy will remain accommodative in a monthly news conference. Yields on the 10-year Treasury note 10_YEAR +1.13% rose 3 basis points to 1.97%. Yields move inversely to prices and one basis point is one one-hundredth of a percentage point.