THE VERIFIED BREAKDOWN

  • The benchmark 10-year Treasury yield was down 2 basis points to 5.114%, while the 30-year Treasury bond fell 2 basis points to 5.45%.
  • The 2-year Treasury note yield was broadly flat at 4.757% as investors awaited further economic data and the Federal Reserve's interest rate decision next week.
  • Investors will parse housing starts and monthly pending home sales data for September later on Tuesday morning, with weekly initial jobless claims set for Thursday and the S&P Global Composite PMI Flash on Friday.