Yields and prices move in opposite directions, and one basis point equals 0.01%.
The yield on the 10-year Treasury was up more than 3 basis points to 4.234%.
The 2-year Treasury also rose more than three basis points to 4.162%.
U.S. Treasury yields rose on Tuesday as investors awaited fresh inflation data due later this week.
Investors are looking ahead to fresh inflation data, which will be the major economic release this week.
Persons:
Dow Jones, it's
Organizations:
Treasury, U.S, Investors, Federal, Deutsche Bank, National Federation of Independent Business