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Treasury yields retreated on Tuesday in a holiday-shortened trading session ahead of the Christmas break.
The performance on the 10-year Treasury was 12 basis points lower at 4.586%, while the 2 year treasure it was down 9 basis points to 4,340%.
One basis point is equal to 0.01%. Yields move inversely to prices.
Tuesday will likely play out as a quiet day for US financial markets, given the early close at 1 pm ET for stock trading. The bond market closes at 2 p.m
Markets will remain closed on Wednesday for the Christmas holiday.
Economic data released on Tuesday included the Philadelphia Fed non-manufacturing survey and the Richmond Fed survey for December.
