U.S. Treasury yields were higher on Tuesday as investors looked ahead to the latest Federal Reserve meeting minutes and key economic data due this week.

At 4:17 a.m. ET, the yield on the 10-year Treasury was up by nearly four basis points to 4.302%. The 2-year Treasury yield was last at 4.278% after rising by more than two basis points.

Yields and prices have an inverted relationship. One basis point equals 0.01%.

Investors considered the state of the economy as they looked to upcoming data and weighed the outlook for monetary policy as the Federal Reserve’s latest meeting minutes are set to be released.

The minutes are due Tuesday and, in a week that is quiet when it comes to comments from Fed officials, investors will be scanning them closely for more hints about what could be next for interest rates. The Fed cut rates at its last two meetings, with one remaining this year on Dec. 17-18.

CME Group’s FedWatch tool last showed that traders were pricing in an around 56% chance of rates being cut again then, with a roughly 44% chance of rates staying unchanged.

Also on Tuesday, consumer confidence insights for November and October’s new home sales data is expected.

Key inflation data is set to be published as the week continues, with the personal consumption expenditure price index for October due Wednesday. The PCE is the Fed’s favored inflation gauge and could therefore inform its monetary policy decisions.

Investors also continued to assess President-elect Donald Trump’s choice of hedge fund executive Scott Bessent as Treasury secretary. The pick has widely soothed any nervousness and concerns about the future of the U.S. economy as they expect Bessent to prioritize economic and market stability.

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Boaters off San Diego on Saturday witnessed a rarely seen spectacle involving killer whales, or orcas, that are more comonly encountered much farther south in Mexico.

“Who needs SeaWorld when the greatest Orca show in the world is in the WILD!” Domenic Biagini, owner of Gone Whale Watching San Diego, exclaimed via Instagram.

The accomapnying footage, captured by the company’s Erica Sackrison, shows one orca ambushing a dolphin from below, sending the stunned mammal flying while launching at least 20 feet above the surface.

The Eastern Tropical Pacific orcas (ETPs), only show a few times a year off San Diego and it’s almost always to hunt common dolphins, which are abundant off Southern California.

Biagini explained that the day’s excitement began with the sighting of a surface-feeding humpback whale and hundreds of dolphins.

Then, in the distance, dolphins began to stampede in a panic. A crewman noticed a splash from a larger mammal, indicating that a killer whale hunting party was present.

“Our initial thought was that a Humpback had done something surface active; when suddenly the unmistakeable shape of a Killer Whale exploded into the air!” Biagini wrote.

The orca in the footage is a previous visitor nicknamed Top Notch, because of distinctive markings. Biagini joked that Top Notch was “channeling his inner ‘Top Gun’ by rocketing 20-plus feet into the air in pursuit of a common dolphin breakfast.”

The ETPs were not encountered Sunday.