U.S. sovereign bond prices edged lower Tuesday as investors digested U.S. economic data and awaited the Federal Reserve's interest rate decision due Wednesday.
Investors also digested a $34 billion auction in five-year notes, which came in at a high yield of 1.41 percent.
The Treasury Department auctioned at a high yield of 1.410 percent on Tuesday.
The bid-to-cover ratio, an indicator of demand, was 2.41, below a 10-auction average of 2.44.
Indirect bidders, which include major central banks, were awarded 63.4 percent, above a recent average of 58. Direct bidders, which include domestic money managers, bought 6.8 percent, slightly below a 10-auction average of 7 percent.