U.S. Treasury yields climbed on Tuesday morning, with investors focused on the Federal Reserve's policy meeting and geopolitical tensions.
Monier said he will be listening to Fed Chair Jerome Powell's speech after the meeting on Wednesday to get some guidance "especially on the balance sheet reduction that is expected to start at the end of the year."
Investors will also be keeping an eye out for updates on tensions between Ukraine and Russia. The U.S. State Department recommended Sunday that all U.S. citizens in Ukraine depart the country immediately, citing Russia's extraordinary military buildup on the border.Auctions are slated to be held on Tuesday for $34 billion of 52-week bills and $55 billion of 5-year notes.
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