U.S. Treasury yields dipped on Tuesday morning, though the 10-year rate held above 2.86%.
The Russia-Ukraine war has exacerbated pricing pressures. The World Bank said Monday that it had cut its annual global growth forecast for 2022 from 4.1% to 3.2%., with intensified assaults Monday in the Slobozhansky and Donetsk operational districts in the north and east of the country.
March's building permits and housing starts numbers are set to be released at 8:30 a.m. ET on Tuesday.CNBC.com staff contributed to this market report.
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