US Treasury yields edged lower on Tuesday as investors assessed incoming economic data and the inflation outlook ahead of the Federal Reserve's interest rate decision next week. The benchmark 10-year Treasury yield fell 2 basis points to 5.114%, while the 30-year Treasury bond yield declined by the same amount to 5.45%. The two-year Treasury note yield was broadly unchanged at 4.757%. One basis point equals 0.01 percentage point. Bond yields and prices move in opposite directions. Investors were awaiting September housing starts and pending home sales figures, alongside weekly ADP employment data. Initial jobless claims are due on Thursday, followed by the S&P Global Composite PMI Flash on Friday.
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