U.S. Treasury yields declined slightly in early Tuesday trade before a debt auction is expected to highlight the U.S. government’s ultra-low borrowing costs as the economy recovers from the coronavirus crisis.
What are Treasurys doing?
The 10-year Treasury note yield TMUBMUSD10Y, 0.668% fell 1.1 basis point to 0.673%, while the 2-year note rate TMUBMUSD02Y, 0.164% was flat at 0.161%. The 30-year bond TMUBMUSD30Y, 1.424% slipped 1.8 basis points to 1.424%.
