US Treasury yields fall as investors prepare for Federal Reserve meeting

U.S. government debt yields fell on Tuesday as investors looked ahead to fresh economic data and a key Federal Reserve meeting.

The yield on the benchmark 10-year Treasury notes, which moves inversely to its price, was lower at around 2.222 percent, while the yield on the 30-year Treasury bond was also lower at 2.796 percent.

The U.S. central bank began a two-day meeting Tuesday morning. The Fed is expected to take another step towards normalization and could also announce plans to begin unwinding its $4.5 trillion portfolio of Treasuries and mortgage backed securities.

Sam Meredith & Thomas Franck | CNBC

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