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US Treasurys mixed following inflation data; central banks in focus

U.S. government debt prices traded higher on Tuesday, as investors prepared for more news out of leading central banks, while keeping an eye on oil and new data releases.

The yield on the benchmark 10-year Treasury note sat lower at around 1.75 percent at 3:10 p.m. ET, while the yield on the 30-year Treasury bond was also lower at 2.51 percent. Bond yields move inversely to prices.

The two-year note yield neared a session low of 0.803 percent, its lowest level in two weeks, while the 10-year note yielded as low as 1.745 percent.

Symbol
Yield
 
Change
%Change
US 3-MO
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US 1-YR
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US 2-YR
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US 5-YR
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US 10-YR
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US 30-YR
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The U.S. central bank continues to be at the back on investors' minds this week, as talk about when the Fed will next raise interest rates remains a big topic and mover of markets.

On Monday, Fed Vice Chairman Stanley Fischer warned of the dangers of low rates during a speech at the Economic Club of New York. During the remarks, he suggested that low rates could cause deeper and longer recessions, adding that the central bank had a limited ability to combat recessions.

Elsewhere in central bank news, investors will be getting themselves ready for Thursday, when the European Central Bank is set to meet, to discuss the current performance of its monetary policy actions.

Investors will now be looking towards the Fed's Beige Book release, due out on Wednesday. Ahead of that, CPI data for September came in line with expectations, while the National Association of Home Builders (NAHB) survey showed sentiment fell in October.

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When it comes to oil, prices struggled to hold earlier gains, with U.S. West Texas Intermediate crude futures settled up 35 cents or about 0.7 percent at $50.29 a barrel.

CNBC's Antonio José Vielma contributed to this report.

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