As the U.S. prepares to vote, treasury yields remain relatively unchanged.

On Tuesday, U.S. Treasury yields remained relatively stable as investors prepared for the upcoming presidential election.

The yield on the 10-year Treasury note was up less than 1 basis point at 4.181% shortly after 7 a.m. ET, while the yield on the 30-year Treasury bond was up by less than 1 basis point at 4.313%.

An inverted relationship exists between yields and prices, with one basis point equivalent to 0.01%.

On Tuesday, Americans will vote in the highly anticipated presidential election, with the final NBC News poll showing a tight race between Vice President Kamala Harris and former President Donald Trump, both at 49%.

The division of power in Congress could make it harder for either presidential candidate to enforce their policies, while a clean sweep by either Republicans or Democrats could result in significant changes to spending or tax policy.

The October ISM Services PMI data, which is based on surveys sent to purchasing and supply companies, will be released on Tuesday and may provide insights into the health of the economy by showing the rate of expansion in the service sector.

The Census Bureau reported on Monday that factory orders fell to 0.5% in September, which was in line with economists' expectations, as per Dow Jones.

The Federal Reserve will hold its policy meeting on Thursday, and traders are predicting a 98% chance of a quarter-point cut, based on the CME Group's FedWatch Tool, following a half-point jumbo rate cut in September.