Treasury yields lower as investors continue to monitor government shutdown

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U.S. Treasury yields were lower on Tuesday as investors continued to monitor the government shutdown and growing optimism for a resolution.

At 5:00 a.m. ET, the 10-year Treasury yield dropped nearly 2 basis points to 3.97%. The 2-year Treasury note yield fell around 1 basis point to 3.455%. The 30-year bond yield was 2 basis points lower to 4.559%.

One basis point is equals to 0.01% and yields move inversely to prices.

Investors are continuing to monitor the government shutdown after White House National Economic Council Director Kevin Hassett said that it’s “likely to end sometime this week,” and the Trump administration is prepared to take firmer measures to force an end to the shutdown if no deal is reached.

Treasury yields lower as investors continue to monitor government shutdown

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