US Treasuries fell on Tuesday, pushing the 10-year yield up seven basis points to 2.61 percent.
US stocks rose though. The S&P 500 rose 1.0 percent.
Positive US economic data on Tuesday helped push up both Treasury yields and stock prices.
New home sales rose 2.1 percent in May to an annualised rate of 476,000, the most since July 2008.
Home prices in 20 US cities rose 12.1 percent in April from a year earlier, the biggest year-over-year gain since March 2006, according to a report from S&P/Case-Shiller.
The Conference Board’s consumer confidence index increased to 81.4 in June from 74.3 in May.
Durable goods orders jumped 3.6 percent for a second month in May. Orders for non-defence capital goods excluding aircraft rose 1.1 percent.
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