After ending the previous session roughly flat, treasuries turned in another lackluster performance during trading on Tuesday.
Bond prices initially moved to the upside but showed a lack of direction as the day progressed before closing modestly lower. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, inched up by 1.8 basis points to 1.800 percent.
The choppy trading came as traders seemed reluctant to make more significant moves ahead of the release of the Labor Department's closely watched monthly jobs report on Friday.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.