The U.S. Treasury market has risen 2.3% so far this year, according to a Bloomberg gauge.
The two-year rate, most sensitive to Fed policy shifts, fell less than two basis points to 3.95%, while the 10-year yield fell four basis points to 4.41% Tuesday.
The Fed is expected to hold rates steady in June and July, but may telegraph its intentions via revised economic and rate forecasts on Wednesday.
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