US Treasury yields tick lower ahead of inflation data

US Treasury yields tick lower ahead of inflation data

U.S. Markets Overview: Treasurys chart

U.S. President said Tuesday that the U.S. dollar is at a disadvantage compared to other currencies, such as the euro. Trump had previously pointed out that the Federal Reserve should lose its monetary policy.

In a separate comment, the President said the U.S. has very low inflation – which he considered a "beautiful thing."

This will be one of the numbers to watch out on Wednesday, when CPI figures are released at 8:30 am ET. There will also be federal budget numbers published at 2 pm ET.

In terms of auctions, the Treasury is due to sell $24 billion in 10-year notes.

There are no key Fed speeches scheduled.