NEW YORK (MarketWatch) -- Treasury prices fell on Tuesday, pushing yields up from record lows set last week, ahead of the Institute for Supply Management's index on the services sector of the U.S. economy. However, analysts noted that volume in the European and Asian sessions were extremely light, which may exaggerate the impact of any changes in positioning. "Treasury rates have backed up again overnight with the long-bond leading the selloff despite the soft economic data and pressure on global equities. Overnight volumes were very light with cash trading at 24% of the 10-day moving-average," said strategists at CRT Capital Group. Yields on 10-year notes 10_YEAR +2.16% , which move inversely to prices, edged up 2 basis points to 1.55%. Thirty-year bond yields 30_YEAR +1.67% rose 4 basis points to 2.61%.
