U.S. government debt yields held steady on Tuesday after the Labor Department reported that the number of job openings held near historic highs.
The number of job openings edged down to 6.6 million on the last business day of May, the Bureau of Labor Statistics reported Tuesday, down from a revised April level of 6.8 million, a series high.
The latest report on the labor situation comes shortly after the Department of Labor reported Friday that the economy added 213,000 jobs in June, yet another indication the labor market is at or beyond full employment.
Meanwhile, tepid wage growth has Wall Street wondering whether the Federal Reserve's current path for interest rate hikes may be too aggressive. Average hourly earnings increased just 0.2 percent month over month, falling short of expectations.
The yield on the benchmark 10-year Treasury note was up at 2.869 percent at 2:35 p.m. ET, while the yield on the 30-year Treasury bond was higher at 2.968 percent. Bond yields move inversely to prices.