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10-year Treasury yield holds steady at 1.6%

U.S. Treasury yields climbed on Tuesday morning as investors await the release of job openings data.

The yield on the benchmark 10-year Treasury note rose to 1.6182% at 3:30 a.m. ET. The yield on the 30-year Treasury bond advanced to 2.3427%. Yields move inversely to prices.

The Labor Department is set to publish the latest results of its Job Openings and Labor Turnover Survey for April at 9 a.m. ET.

Meanwhile, Federal Reserve Governor Lael Brainard is due to make a speech on monetary policy and the U.S. economic outlook at the Society for Advancing Business Writing and Editing Conference at 12 p.m. ET.

The Treasury will auction $40 billion of 42-day bills and $58 billion of 3-year notes on Tuesday.

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