U.S. sovereign bond prices climbed Tuesday amid vehicle sales data and a broad-based stock market sell-off.
The yield on the 10-year Treasury note, which moves inversely to its price, dipped to 1.799 percent, while the 30-year Treasury bond yield fell to 2.659 percent.
Investors kept an eye on dollar weakness, as the U.S. currency touched an 18-month low against the yen, and saw its lowest point against the euro since August 2015.
U.S. equities dropped Tuesday, with the three major indexes falling more than 1 percent each before gaining back some of those losses.
On the data front, April vehicle sales reported Tuesday are expected to total 17.3 million, versus 16.6 million in March.
There will also be $40 billion auction of four-week bills later in the day.
Atlanta Fed President Dennis Lockhart is set to speak at the World Affairs Council Jacksonville at 7 p.m. ET, discussing the economic outlook and monetary policy.