By Ben Eisen
NEW YORK (MarketWatch) -- Treasury prices moved higher Tuesday, paring back losses from the previous session as the market waits for a slew of economic data that could clarify expectations of Federal Reserve policy. The benchmark 10-year note 10_YEAR -0.57% yield, which falls as prices rise, was down 2.5 basis points at 2.774%. The 30-year bond 30_YEAR -0.31% yield fell 1.5 basis points to 3.844%, and the 5-year note 5_YEAR -0.78% yield fell 1.5 basis points to 1.403%. The market will digest housing data on Wednesday, gross-domestic-product revisions on Thursday, and a nonfarm payrolls report on Friday.