Treasury Yields Down for Second Day

Treasury yields declined for the second consecutive day on Tuesday, with increased worries regarding the pace of economic recovery as COVID-19 cases in the United States increase.

The 10-year Treasury notes yield decreased by 2 basis points (bps) to 0.611%, while the yield on the 30-year bonds declined by 4 bps to 1.292%.

Meanwhile, the yield on the two-year notes recorded 0.15%.