U.S. Treasury yields climbed on Tuesday as stronger-than-anticipated economic data fueled investor sentiment. The positive figures led to a reassessment of expectations regarding future monetary policy and inflation.

The yield on the benchmark 10-year Treasury note rose to %, while the 2-year Treasury yield increased to %. These movements reflect the market’s reaction to the data and its implications for the Federal Reserve’s upcoming decisions.

Analysts suggest that the strong economic performance could prompt the Federal Reserve to maintain a tighter monetary policy stance for a longer period. This anticipation is contributing to the upward pressure on Treasury yields.