Mumbai, May 6 -- U.S. Treasury yields eased slightly on Tuesday after spiking the previous session, as concerns about higher energy costs caused by the Middle East conflict continue to grip markets.

The yield on the 10-year Treasury note - a key barometer for U.S. government borrowing - was seen 2 bps lower at 4.42%. The yield on the shorter-term 2-year Treasury note which closely tracks interest rate decisions by the Federal Reserve, moved lower by more than 2 bps to 3.94%.

The 30-year Treasury yield slipped more than 3 bps to 4.99%.

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