US Treasury yields tick lower as investors await Federal Reserve meeting

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US Treasury yields tick lower as investors await Federal Reserve meeting
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Investors are likely to closely monitor whether policymakers at the U.S. central bank lay the groundwork for a rate cut later in the year.

At around 02:10 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.0734%, while the yield on the 30-year Treasury bond was also lower at around 2.5653%.Meanwhile, the U.S. Treasury is set to auction $26 billion in 52-week bills on Tuesday.

were higher Tuesday morning, as investors prepared for the start of the Federal Reserve's two-day monetary policy meeting.

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