Treasurys are getting slammed (TLT, TBT)

US Treasurys are under pressure on Tuesday as the Federal Open Market Committee begins its two-day policy meeting and after some better than expected manufacturing data. Tuesday's selling has yields up nearly 5 basis points at the long end of the curve, and at their highest levels since the end of May. 
Here's a look at the scoreboard as of 10:06 a.m. ET:
2-year +2.4 bps at 86.5 bps
3-year +3.8 bps at 1.024%
5-year +3.9 bps at 1.346%
7-year +4.5 bps at 1.661%
10-year +4.6 bps at 1.872%
30-y