The U.S. Treasuries jumped during Tuesday’s afternoon session amid a muted trading session that witnessed data of little economic significance ahead of the country’s 10-year TIPS auction and initial jobless claims, scheduled for rest of this week.
The yield on the benchmark 10-year Treasury yield slumped 3 basis points to 1.806 percent, the super-long 30-year bond yield plunged 3 basis points to 2.265 percent and the yield on the short-term 2-year suffered nearly 2-1/2 basis points to 1.547 percent by 13:45GMT.
US and European stock futures inevitably also fell in Asian time. And the week’s trading in USTs got underway with yields moving lower across the curve, with 10-year yields down about 3bps back to 1.79 percent, Daiwa Capital Markets reported.
There are no top-tier US economic releases due today to distract from the start of President Trump’s impeachment trial, the report added.
Meanwhile, the S&P 500 Futures remained tad -0.31 percent lower at 3,314.62 by 13:50GMT.


Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data
FxWirePro: Daily Commodity Tracker - 21st March, 2022
Asian Currencies Steady as Markets Await U.S. Jobs Data
Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes
Oil Prices Surge as Iran Hormuz Restrictions Renew Supply Fears
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist
US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says
BOJ Rate Hike Expectations Rise Ahead of September Meeting
Philippine GDP Growth Slows to 2.3% in Q2
Wall Street Ends Mixed as Dow Hits Record Despite Tech Weakness
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 



