US Treasury bond yields continued to fall on Tuesday after new economic data pointed to a slowdown in the economy.
The decline follows the latest US consumer confidence report, which showed sentiment falling to 98.3 in February, the weakest reading since 2021, raising concerns about economic momentum.
At 10:42 am ET, the yield on the ten-year bond declined by 10.2 basis points to 4.291%. The return on the two-year note fell by 8.4 basis points to 4.078%, and the yield on the 30-year bond also lost 9.3 basis points to 4.556%.