U.S. Treasury yields edged lower as the market focused on ADP employment and ISM services data.

Odaily Planet Daily reports that U.S. Treasury yields edged lower in afternoon Asian trading as investors adopted a cautious stance ahead of the release of ADP employment and ISM services data. "While services PMI data is almost ubiquitous, last month's U.S. ISM survey will capture most of participants' attention, especially after Monday's disappointing ISM manufacturing reading," said Michael Brown, an analyst at Pepperstone, in a report. According to Tradeweb, the two-year Treasury yield fell 1.6 basis points to 3.499%, while the 10-year Treasury yield fell 0.9 basis points to 4.078%. (Jinshi)