NEW YORK (MarketWatch) -- Treasurys rose in early trade Tuesday, sending yields lower, extending gains made in the prior session amid political uncertainty in Europe and continued hedge fund worry. The highlight on today's calendar will be the release of the minutes from the FOMC's May meeting, at which it raised rates as expected but omitted, at first at least, a key phrase on long-term inflation in its accompanying statement. The yield on the benchmark 10-year note was last quoted at 4.014%, down from 4.072% late Monday.
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