U.S. government debt prices were mostly higher on Tuesday as investors focused on a fresh batch of economic data and eyed the 5-year note auction.
The Treasury Department auctioned $34 billion in 5-year notes at a high yield of 1.950 percent. The bid-to-cover ratio, an indicator of demand, was 2.37.
Indirect bidders, which include major central banks, were awarded 68.9 percent. Direct bidders, which includes domestic money managers, bought 4.8 percent.
The yield on the five-year note was around 1.96 percent after the sale.
The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was higher at around 2.414 percent, while the yield on the 30-year Treasury bond was also lower at 3.016 percent. The two-year note yield, meanwhile, moved slightly higher at around 1.302 percent.