U.S. government debt prices were mixed on Tuesday as investors were also preparing for more remarks out of leading central banks, while digesting weaker-than-expected consumer data and a sale of two-year notes.
The Treasury Department auctioned $26 billion in two-year notes at a high yield of 0.855 percent on Tuesday.
The bid-to-cover ratio, an indicator of demand, was 2.53, below a recent average of 2.81.
Indirect bidders, which include major central banks, were awarded 33.7 percent, well below a recent average of 45 percent. Direct bidders, which include domestic money managers, bought 10.1 percent, also well below a recent average of 18 percent.
The yield on the benchmark 10-year Treasury note sat lower at around 1.757 percent, while the yield on the 30-year Treasury bond was also down at 2.4987 percent. Two-year notes, however, rose to yield 0.8564 percent. Bond yields move inversely to prices.