U.S. Treasury yields were little changed on Tuesday as investors awaited data that will provide insights into the state of the economy and the labor market.

Treasury yields were hovering just shy of their highest since last May, and the 30-year yield was close to its highest since November 2023, as investors continued to show concern that President-elect Trump’s import tariff and immigration plans may revive inflationary pressures.

Treasury yields are little changed to start payrolls week, while markets watch developments in Washington for clarity on how the Republicans will handle the economy. ADP will report on private-sector employment on Wednesday.

U.S. Treasury yields were higher on Monday as investors anticipate a series of key jobs data throughout the week.

Bond yields rose on Monday, increasing after a quiet week with key data looming. It’s a quiet economics calendar Monday — factory orders, an auction of $58 billion in 3-year notes, and a speech from Fed Gov.