The U.S. government debt market trimmed gains on Tuesday after data signaled faster-than-expected manufacturing growth in the U.S. Midwest region.
Benchmark 10-year Treasury notes US10YT=RR last traded up 15/32 in price to yield 2.77 percent. This compared with a price gain of 19/32 and a yield of 2.75 percent shortly before the release of the factory data from the Institute for Supply Management-Chicago, and a yield of 2.83 percent late Monday.