U.S. Treasury yields dipped on Tuesday morning, as investors remained focused on Russia’s attack on Ukraine. The yield on the benchmark 10-year Treasury note fell 3 basis points to 1.8044% at 4:40 a.m. ET. The yield on the 30-year Treasury bond moved 3 basis points lower to 2.1435%. The Russian invasion of Ukraine has entered its sixth day. The attack has roiled global markets and seen investors look to safe haven investments like U.S. government bonds, pushing yields down. … Investors will be watching Federal Reserve Chairman Jerome Powell’s testimonies to Congress this week, for any indication on whether the Russia-Ukraine conflict will affect the central bank’s plans for tightening monetary policy.
Source: CNBC – Bonds
