US Treasury yields move higher as investors await economic data, auctions

At around 5:30 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 3.1151 percent, while the yield on the 30-year Treasury bond was also higher at 3.3541 percent. Market sentiment has been hit by a range of negative factors in recent weeks, though investors appear to be particularly concerned about an intensifying U.S.-China trade war at present. U.S. government debt prices were lower Tuesday morning, as investors monitored Treasury auctions and a fresh batch of economic data.