10-year Treasury yield falls as investors weigh the state of the U.S. economy

The 10-year Treasury

yield fell Tuesday as investors weighed the state of the economy and looked ahead to a speech by Federal Reserve Vice Chair for Supervision Michelle Bowman.

The benchmark yield fell around 2 basis point to 4.085%. The 2-year Treasury note yield also fell over 2 basis point to 3.57%. The 30-year bond yield was more than 2 basis points lower at 4.667%.

One basis point equals 0.01% and yields and prices move in opposite directions.

The U.S. government shutdown will likely continue this week, delaying the release of the JOLTS report, Commonwealth Bank of Australia wrote in a daily note.

10-year Treasury yield falls as investors weigh the state of the U.S. economy

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