Treasuries gave back ground following the rebound seen in the previous session. As a result, the yield on the benchmark ten-year note which moves opposite of its price, rose 1.6 bps to 4.18%.
U.S. Treasury yields were relatively unchanged on Tuesday as markets digested heightened geopolitical developments in Venezuela and softer U.S. economic data, with attention shifting toward Friday’s December jobs report.
The 10-year Treasury yield added less than 1 basis point to 4.16%. The 2-year Treasury note also rose less than a basis point to 3.46%.