NewsMV
July's inflation data print has U.S. Treasury yields in a holding pattern Tuesday, with the tape edging modestly higher as investors wait for the number.
Ongoing Iran tensions add a second variable to the session, though neither development produced a decisive directional move on the day.
What has the market on pause The bond market's posture is cautious ahead of the July inflation read.
Yields moved higher on the session but the move was contained, consistent with a market that has done its pre-data positioning and is waiting for confirmation.
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