Treasury yields move lower as investors look ahead to more delayed data

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U.S. Treasury yields inched lower on Tuesday as investors looked ahead to more delayed data releases during the holiday-shortened trading week.

At 3:34 a.m. ET, the 10-year Treasury yield had dropped more than 3 basis points to 4.02%, and the 30-year Treasury bond yield had also dipped 3 basis points to 4.66%. The 2-year Treasury note yield was 2 basis points lower to 3.388%.

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

The bond market was closed for Presidents’ Day on Monday, and Tuesday is shaping up to be a quiet start to the week for investors, who are awaiting several economic data releases.

Treasury yields move lower as investors look ahead to more delayed data

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