Treasury Yields Fall as Recession Fears Continue to Dampen Risk Sentiment

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Treasury Yields Fall as Recession Fears Continue to Dampen Risk Sentiment
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U.S. Treasury yields retreated on Tuesday as concerns about a potential economic recession continued to send investors in search of safety.

. According to Dow Jones estimates, job growth likely slowed in June, with 250,000 nonfarm payrolls added, down from 390,000 in May. Economists surveyed expect the unemployment rate to hold at 3.6%.'s latest monetary policy meeting will also come into focus on Wednesday as investors look to assess the central bank's interest rate hiking trajectory.

Data on Tuesday includes May's factory orders, while auctions will be held for $45 billion of 13-week Treasury bills and $42 billion of 26-week bills.

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