As investors anticipate upcoming Fed speeches and new economic data, treasury yields increase.

On Tuesday, U.S. Treasury yields rose as investors anticipated new economic information and additional remarks from Federal Reserve officials.

The 10-year Treasury yield increased by 4 basis points to 3.789%, while the 2-year Treasury yield increased by 2 basis points to 3.597%.

Prices and yields move in opposite directions. A basis point is equivalent to 0.01%.

Last week, the 10-year Treasury yield increased by almost 8 basis points after the U.S. central bank reduced interest rates by 50 basis points on Wednesday. Despite markets predicting a significant move, the announcement caught many economists off guard.

Whether the move is positive for the world's largest economy or a sign of more severe weakening than previously believed, market participants have raised concerns.

On Monday, Neel Kashkari, President of the Minneapolis Federal Reserve, stated that he anticipates policymakers will decrease the rate of cuts following last week's 0.5 percentage point reduction.

"Kashkari stated in a CNBC "Squawk Box" interview that after 50 basis points, the position remained net tight. He was comfortable taking a larger first step, but expected to take smaller steps in the future unless the data changed significantly."

On Tuesday, Fed Governor Michelle Bowman and Fed Governor Adriana Kugler will deliver remarks on the U.S. economic outlook at separate events, and investors will closely monitor their comments.

Consumer confidence data for September and Richmond Fed surveys for September will be released simultaneously at 10 a.m. ET.

The report was contributed to by Jeff Cox, Brian Evans, and Jenni Reid of CNBC.