Treasury yields slip as investors weigh state of economy

U.S. Treasury Yields Slightly Lower as Investors Assess Economic Outlook #

U.S. Treasury yields experienced a slight decrease on Tuesday as investors considered the outlook for the U.S. economy ahead of key data releases scheduled for the week. The yield on the 10-year Treasury was down by over one basis point to 4.2427%, while the yield on the 2-year Treasury was slightly lower to 4.5105%. Investors are closely monitoring economic data, including existing home sales for June and insights from the Richmond Fed on the manufacturing and services sectors. These data points will help inform monetary policy decisions by the Federal Reserve.