NEW YORK - Treasury bond prices, which were lower, turned up slightly on Tuesday morning as the market absorbed on-target labor cost data and better-than-expected inflation data.
At 11 a.m. EDT, the 10-year Treasury note was up 63 cents per $1,000 in face value, or 2/32 point, from its level at 5 p.m. Monday. Its yield, which moves in the opposite direction, fell to 4.80 percent from 4.81 percent.
The 30-year bond rose 9/32 point. Its yield fell to 4.94 percent from 4.96 percent.
The 2-year note fell 1/32 point. Its yield rose to 4.60 percent from 4.58 percent.
Yields on 3-month Treasury bills were 4.97 percent as the discount rate rose 0.10 percentage …
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