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US Treasury yields vary after Fed speeches and healthy jobs numbers

U.S. government debt yieldsvaried on Tuesday after the latest speeches from key member of the U.S. Federal Reserve.

The yield on the benchmark 10-year Treasury note fell to 2.313 percent at 3:38 p.m. ET, while the yield on the 30-year Treasury bond fell slightly to 2.776 percent. Bond yields move inversely to prices.

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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While Wall Street makes its way through one of the last week of earnings, data was also a priority for investors.

Job openings in September proved solid as the number of positions waiting to be filled held at 6.1 million, according to the Jobs Openings and Labor Turnover Survey. The results suggest a persistent demand for labor even as supply shrinks as reported by the U.S. Labor Department.

The Treasury Department auctioned $24 billion in 3-year notes at a high yield of 1.75 percent. The bid-to-cover ratio, an indicator of demand, was 2.76. Indirect bidders, which include major central banks, were awarded 53.5 percent. Direct bidders were awarded 9 percent.

In central bank news, current Fed Chair Janet Yellen spoke at the presentation of the Paul H. Douglas Award for ethics in government, set to take place in Washington.

Yellen's latest speech comes hot on the heels of the jobs data for October, FOMC meeting and news that Jay Powell will become chair of the U.S. central bank next February.

Looking to politics, President Donald Trump has been continuing with his excursions in Asia this week.

On Tuesday, Trump called upon the world to take action against the threats that North Korea pose, stating that the U.S. was prepared to use the full range of its military force to stop any potential attack, Reuters reported.

The incumbent's trip overseas is expected to showcase the U.S.' commitment to established alliances and partnerships within Asia.