U.S. government debt prices were mixed on Tuesday as investors digested economic data ahead of a potential interest rate hike at the Federal Reserve's upcoming meeting.
The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was lower at around 2.389 percent, while the yield on the 30-year Treasury bond was also higher at 3.076 percent. The two-year note yield, however, traded slightly lower, near 1.11 percent.
Third-quarter U.S. productivity rose at an annualized rate of 3.1 percent, the Labor Department said, while the U.S. trade deficit widened to $42.6 billion. October factory orders, rose 2.7 percent, slightly above a 2.6 percent estimate from Reuters.
In oil markets, U.S. crude settled down 1.66 percent at $50.93 a barrel.
Oil prices eased on Tuesday as crude output rose in almost every major export region despite plans by OPEC and Russia to cut production and triggered fears that a fuel glut witnessed for the past two years could be set to continue deep into 2017, according to a Reuters report.