U.S. Treasury yields were little changed on Tuesday as investors waited for more data to assess the current state of the U.S. economy. According to Sina Finance, the 10-year Treasury yield, a key benchmark for mortgages, auto loans, and credit card debt, was flat at 4.7021%, while the 30-year yield held at 5.2297% and the 2-year yield stayed at 4.2421%.

Borrowing costs eased on Monday after two senior Treasury officials said the U.S. Treasury may tap nearly $1 trillion from the Treasury General Account to fund larger Treasury buybacks, though they did not say how much TGA money would be used. According to Sina Finance, the bond market has also been in focus since U.S. Treasury Secretary Scott Bessent unveiled a historic intervention last week.

Investors are now waiting for Fed Chair Kevin Warsh to deliver the keynote speech at this week's Jackson Hole annual economic symposium. According to Sina Finance, Mabrouk Chetouane, head of global market strategy at Natixis Investment Managers, said the Fed chair's remarks would likely continue the tone of the previous two Federal Open Market Committee meetings, and that a gap left after Jerome Powell's departure still exists in guiding market expectations.

Chetouane said the speech could disappoint markets and intensify pressure on the long end of the yield curve. According to Sina Finance, the Federal Reserve's preferred inflation gauge, the July personal consumption expenditures data, will be released on Wednesday, along with second-quarter GDP estimate data, while ADP weekly employment change data and U.S. new home sales data are due later on Tuesday.