US Treasury yields climbed Tuesday morning as investors continued to monitor economic data.
Yield on Benchmark 10 year treasury note At 3:55 a.m. ET it rose 5 basis points to 2.803%. yield on 30 Year Treasury Bond increased by 3 basis points to 3.007%. The return is the opposite of prices and is equal to 1 basis point 0.01%.
Inflation readings on Friday indicated that pricing pressure may begin to ease, boosting sentiment.
This week, investors’ attention will be on jobs data, with a closely watched non-farm payrolls report on Friday.
CB’s May Consumer Confidence Index is set to end at 10 am on Tuesday.
13-week bills are to be auctioned for $45 billion and 26-week bills for $42 billion.
, CNBC’s Sarah Min contributed to this market report.