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U.S. Treasury yields had mixed results on Tuesday, as investors weighed in a new wave of economic data that were released throughout the day.
Yield on the benchmark 10-year Treasury note was lower at around 2.3 percent, while the 30-year Treasury bond, was up at 2.806 percent.
Earlier, the yield on the two-year Treasury note reached a high of 1.55 percent, its peak level since November 2008, when the short-term bond yielded by as much as 1.6 percent.
Data was a main driver in the direction of bond markets on Tuesday, with a whole slew of corporate financial reports expected to be published.
America's import prices for September posted their biggest increase in over a year amid increasing fuel and food prices, but core imported inflation continued to be modest. The Labor Department reported that import prices increase 0.7 percent in the previous month, their biggest increase June 2016, after a 0.6 percent increase in August.
Following a hurricane-prompted decline, confidence in the U.S. construction sector rose more than expected in October. A monthly index of sentiment from the National Association of Homebuilders increased 4 points to 68, the highest since May 2017.
