In the run-up to Christmas, treasury yields are withdrawn

Treasury yields retreated on Tuesday in holiday-shortened trading ahead of the Christmas break.

comes on 10-year Treasury It was 12 basis points lower at 4.586% 2 years Treasury It decreased by 9 basis points and amounted to 4,340%.

One basis point is equal to 0.01%. Incomes move inversely to prices.

Given the early close at 1:00 PM ET for stock trading, Tuesday will play out as a quiet day for US financial markets. The bond market closes at 2 p.m

Markets will be closed on Wednesday for the Christmas holiday.

Economic data released on Tuesday included the Philadelphia Fed’s non-manufacturing survey and the Richmond Fed’s December survey.