As investors wait for Fed updates, Treasury yields remain stable.

On Tuesday, U.S. Treasury yields remained relatively stable as investors anticipate the Federal Reserve's upcoming commentary on inflation, interest rates, and the economy.

The yield on the was 0.175% lower at 3.875%, while the yield decreased by 1 basis point to 4.057%.

Prices and yields move in opposite directions, with one basis point equal to 0.01%.

The Federal Reserve is set to release its July meeting minutes on Wednesday and hold a symposium at Jackson Hole, Wyoming, on Thursday, prompting traders to prepare for a week focused on Fed-related events.

The week will culminate with a highly anticipated speech by Fed Chair Jerome Powell at Jackson Hole. Although analysts anticipate no firm guidance on the path ahead for interest rates, they are eager to hear Powell's latest thoughts on U.S. inflation and the economy. His remarks will follow data revealing annualized inflation of 2.9%, as well as positive news from July retail sales and weekly initial jobless claims.

The central bank is expected to cut interest rates at its September meeting, as market participants become more confident in this outcome based on Fed funds futures pricing.