U.S. sovereign bond prices were mixed Tuesday as investors cautiously ventured into riskier trades following the Brexit-fueled sell-off.
The yield on the 10-year Treasury note, which moves inversely to its price, were flat at 1.4562 percent, while the yield on the 30-year Treasury bond was slightly lower at 2.2651 percent. Two-year yields rose, last trading at 0.6132 percent.
Treasurys
Equity prices rebounded Tuesday after two days of heavy losses in the wake of the U.K. referendum where a majority of voters opted to leave the European Union. Futures were indicating triple digit gains for the Dow Jones industrial average.
The third reading of first quarter U.S. GDP came in at 1.1 percent, above an expected reading of 0.8 percent.
The S&P Case-Shiller home price index for April showed U.S. home prices rose 5.4 percent in 20 cities. The June consumer confidence survey came in at its highest level since October.
Federal Reserve Governor Jerome Powell will also speak on Tuesday, appearing at the Chicago Council on Global Affairs to discuss 'Recent Economic Developments, Monetary Policy Considerations, and Longer-term Prospects' from 7:00 p.m. ET.