Mumbai, June 24 -- U.S. Treasury yields moved lower on Tuesday, despite fears of higher interest rates dealing a blow to tech stocks globally, while investors await key inflation data due to be released Thursday.

The yield on the 10-year U.S. Treasury note - the key benchmark for U.S. government borrowing - fell more than 1 basis point to 4.49%.

The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was more than 3 bps lower at 4.19%. The longer-dated 30-year Treasury bond yield slipped 2 bps to 4.94%.

Published by HT Digital Content Services with permission from Capital Market....