U.S. Government bonds trade narrowly mixed ahead of retail sales data

The United States Treasuries traded narrowly mixed Tuesday as markets await greater flow of data on Tuesday, highlighted by retail sales, Empire manufacturing, import prices and business inventories releases.

The yield on the benchmark 10-year Treasury note fell 1/2 basis point to 2.217 percent, the yield on long-term 30-year Treasury dipped 2-1/2 basis points to 2.956 percent and the yield on short-term 2-year note rose 1/2 basis point to 0.993 percent by 12:00 GMT.

Last week, the United States Republican candidate Donald Trump pinned his victory against Democrat opponent Hillary Clinton in the 2016 presidential election. Investors again revised the outlook for US interest rates after Donald Trump's victory, with the probability of a December rate hike by the Federal Reserve going from as low as 30 percent to as high as 92 percent.

Additionally, the fall in the number of people opting for unemployment benefits in the United States has strengthened the probability of a December interest rate hike by the Federal Reserve.

Meanwhile, the S&P 500 Futures traded 2.75 points higher at 2,163.25 by 12:30 GMT. While at 12:00 GMT, the FxWirePro's Hourly Dollar Strength Index remained highly bullish at 112.44 (higher than 75 represents bullish trend).For more details, visit http://www.fxwirepro.com/currencyindex