U.S. government debt prices fell on Tuesday morning as investors seemingly look to capitalize on Monday's worldwide stock market sell-off on the back of coronavirus fears.
, with South Korea now reporting 60 new cases to bring the country's total to 893 infected, while China's National Health Commission reported 508 new confirmed cases and 71 new deaths as of Monday night.
Traders will also have an eye on Redbook data due at 8:55 a.m. ET and S&P/Case-Shiller home price figures for December expected at 9 a.m. ET. Auctions will be held for $26 billion in 52-week Treasury bills and $40 billion in 2-year notes at 11:30 a.m. and 1 p.m. ET respectively.
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