US Treasury yields inch higher ahead of data news; Turkey’s economic crisis remains in focus

U.S. government debt yields floated higher Tuesday as the Turkish lira stabilized following days of geopolitical uncertainty within the country. The yield on the benchmark 10-year Treasury note was higher at around 2.877 percent at 10:05 a.m. ET, while the yield on the 30-year Treasury bond slightly lower at 3.041 percent. Aside from concerns over a tit-for-tat trade dispute between the U.S. and major economies including China, market focus has been mainly fixated by the economic crisis in Turkey.