Stock futures were up while Treasury yields advanced further

Treasury yields continued to retreat on Tuesday as traders await the latest Federal Reserve interest rate decision this week.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose over 1 basis point to 4.614%.

As oil prices surged, treasury yields took notice, raising inflation worries in the market. Traders are keeping a watchful eye on the Federal Reserve's expected decision to…

Treasury yields hit a 19-year high of 5.24% after the Fed held rates steady. Fed pause in next three meetings at 42% YES.