Ok it looks as though this is a known issue in the current Invision Board release which was updated on here yesterday.
Fortunately a patch fix has become available and this has now been implemented as of this morning.
Any members who are experiencing the above mentioned problem are advised to click
mark all posts as read in order to reset all the current topic and post read markers. Once this has been done the markers should begin to work again as normal.
Let me know if you continue to experience problems with this.