The 10-year Treasury yield was little changed on Tuesday as oil prices tumbled after President Donald Trump warned that Iran would be hit twenty times harder if it attempted to halt shipments through the Strait of Hormuz.
The yield on the 10-year Treasury rose more than 1 basis point to 4.15%. The 30-year Treasury bond climbed more than 4 bps to yield 4.78%. The 2-year Treasury note yield declined less than a basis point to 3.58%.