At 3:45 a.m., the yield on the benchmark 10-year Treasury Note rose to 1.434% ET. ET. Prices are inversely related to yields.U.S. Treasury yields opened the holiday-shortened week higher Tuesday morning as investors focused on the release of Federal Reserve minutes on Wednesday.After markets closed Monday due to the July 4 Independence Day holiday, Treasury yields rose Tuesday morning.Investors will focus on the Fed's most recent meeting minutes this week, which are due to be published at 2 p.m. ET Wednesday to listen for clues from central banks regarding the direction and policy.Crossborder Capital CEO Michael Howell said Tuesday on CNBC's "SquawkBox Europe" that he believes the Fed minutes will provide a lot more insight into where central banks stand regarding monetary policy.He noted that the Fed and the European Central Bank had delivered 85% of the global quantitative easing in the past three months.Howell stated that "the eyes are on Fed and the eyes on ECB" and that there were signs that the Fed was "cooling off significantly."
