U.S. economy state weighs on little changed treasury yields.

On Wednesday, treasury yields remained relatively stable as investors anticipate additional economic information and process recent remarks from U.S. President Donald Trump.

The 10-year Treasury yield increased by less than 1 basis point to 4.58%, while the 2-year Treasury yield decreased by less than 1 basis point to 4.276%.

Yields and prices move in opposite directions, with one basis point equal to 0.01%.

The U.S. economy is closely being monitored by investors in anticipation of Trump's comments following his inauguration.

On his first day in office, Trump issued over 40 executive orders, including withdrawing the U.S. from the Paris Climate Agreement, pardoning approximately 1,500 individuals related to the January 6, 2021 attack on the Capitol, and ending diversity, equity, and inclusion programs.

On Monday, the president stated that he is considering imposing tariffs on Mexico, Canada, and China. Specifically, he mentioned a 25% tariff on Mexico and Canada, and a 10% tariff on China.

Whether Trump will implement the pro-business policies he promised during his campaign will be closely watched by investors.

On Monday, the data front was quiet, but investors will receive some housing data this week. The MBA 30-year mortgage rate will be released on Tuesday, and existing home sales data is due on Friday.

The S&P Global Composite PMI Flash will be released on Friday, while weekly jobless claims data will be made available on Thursday.

The World Economic Forum in Davos, Switzerland, is currently taking place, with world leaders and CEOs gathered to discuss the world's most pressing issues.