At 0603 GMT, the Bund future was 25 ticks higher at 122.24. The yield on the ten-year US T-note fell about 3 basis points in the Asian session from highs hit on profit-taking and supply pressure in late US trade.
"Treasuries are pretty firm and that gives us a reasonable bid on the opening, so we should edge higher in line with them," a trader said.
The Federal Reserve said on Wednesday it would complete the purchase of $600 billion in bonds in June and that it would keep its balance sheet steady. It also reiterated plans to keep interest rates at rock-bottom levels for an extended period. Greek government bond yields were set to rise further, due to continuing speculation the country will have to restructure its debt. Two-year yields rose 2 percentage points to nearly 27 percent on Wednesday.
"There's no real turnaround in the sentiment. Bid/offers are very wide; some people get stopped out of positions. If you're talking about restructuring you really don't want to be there," the trader said.