Traders work on the floor of the New York Stock Exchange on Dec. 11, 2025, in New York City.
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U.S. Treasury yields fell on Tuesday as investors prepared for a batch of key economic releases, including the November nonfarm payrolls report, unemployment numbers and October retail sales.
The benchmark 10-year Treasury yield declined less than 1 basis point to 4.178%. The 2-year Treasury yield was unchanged at 3.508%, while the 30-year Treasury bond yield rose less than a basis point to 4.853.
One basis point is equivalent to 0.01%, and yields share an inverse relationship with prices.
Nonfarm payrolls for November are expected to come in at 50,000, according to economists polled by Reuters, a sharp fall from the 119,000 reported in October.
“Significant uncertainties remain around the U.S. policy rate, from a potentially lagged tariff pass-through to inflation to a possible uptick in unemployment and the choice of the next Fed chair,” Eastspring Investments wrote in a daily note.
November’s unemployment rate is expected to hold steady at 4.4%, according to Reuters’ poll. Retail sales for October are forecast to come in at 0.1%, compared to 0.2% in September.
Another key event this week is the release of the November Consumer Price Index report on Thursday, which is expected to show that overall inflation rose to 3.1% year-over-year. Additionally, Thursday will bring weekly jobless claims data.