U.S. Treasury yields experienced a slight decline during Asian afternoon trading as investors remained cautious ahead of the release of ADP employment and ISM services data. The two-year Treasury yield decreased by 1.6 basis points to 3.499%, while the 10-year yield fell by 0.9 basis points to 4.078%, according to Tradeweb. Analysts, including Michael Brown from Pepperstone, highlighted the importance of the upcoming U.S. ISM services survey, especially in light of the recent disappointing ISM manufacturing data. The market is closely watching these economic indicators for further insights into the U.S. economic outlook.