Strong Labor Market Pushes 10-Year Treasury Yield Above 4%. Investors Await Comments From Fed Policymaker.

U.S. Treasury yields slightly decreased on Tuesday after the 10-year Treasury hit its highest since early August. The 10-year yield rose nearly three basis points before easing. The 2-year Treasury yield slipped by a basis point to below 4%. The 10-year yield surpassed 4% on Monday following strong labor market data. Investors await comments from Federal Reserve policymaker Adriana Kugler for further insight on interest rate trends.