US Bond Yields Fall

US Treasury yields fell on Tuesday morning, ahead of inflation data, as the benchmark 10-year Treasury yield fell by less than a basis point to 1.488%, and the yield on 30-year Treasuries shed less than a basis point, falling to 1.8836%, Returns move inversely with prices and one basis point is 0.01%.

The October Producer Price Index, an inflation gauge that measures what companies get for the goods they produce, is due on Tuesday, and economists polled by Dow Jones expect producer prices to have risen 0.6% month over month in October.