U.S. Treasury yields decreased on Tuesday as investors flocked to the safety of government bonds, driven by heightened risk aversion in the market. Concerns about slowing global economic growth and persistent trade uncertainties fueled the demand for safe-haven assets.

The 10-year Treasury yield, a key indicator for borrowing costs, experienced a significant drop, reflecting the increased demand for U.S. government debt. The 30-year Treasury bond also saw its yield decline.

Several factors contributed to the risk-off sentiment. Recent economic data from major economies have raised concerns about a potential slowdown in global growth. Ongoing trade negotiations between the United States and China continue to be a source of uncertainty, weighing on investor confidence.

The decline in Treasury yields indicates that investors are prioritizing safety over higher returns, signaling a cautious outlook on the global economy. Market participants will be closely monitoring upcoming economic data releases and geopolitical developments for further clues about the direction of interest rates.