Treasury yields slip amid market volatility; Fed meeting ahead
U.S. government debt prices rose on Tuesday as investors fled riskier assets and geared up for a key Federal Reserve meeting. The yield on the benchmark 10-year Treasury note sank to 2.826 percent while the yield on the 30-year Treasury bond dropped to 3.082 percent. The big news for traders this week is the Federal Open Market Committee's (FOMC) upcoming meeting, where the central bank will set interest rates.