NEW YORK (CNNMoney.com) - Bond prices fell Tuesday following a government debt auction with investors looked for hints about the future of the Federal Reserve's monetary tightening campaign.

The dollar climbed against the euro and yen.

The benchmark 10-year note fell 9/32 to 100-26/32 to yield 4.39 percent, up from 4.36 late Monday. The 30-year bond lost 19/32 to 111-28/32 to yield 4.57 percent, up from 4.53 the previous session. Bond prices and yields move in opposite directions.

The two-year note was down one tick, yielding 4.39 percent, while the five-year note fell 4/32, yielding 4.32 percent.

Despite relatively firm demand in the Treasury's $10 billion auction of 20-year TIPS, or inflation-protected instruments, on Tuesday, investors were largely focused on next week's meeting of the Federal Reserve.

Investors have been looking for clues as to how much longer the central bank will continue its interest rate hike campaign. The Fed is expected to raise its funds rate to 4.5 percent at a meeting next Tuesday. Investors, however, are unsure if the central bank will push rates higher, with Ben Bernanke set to take the reins from Chairman Alan Greenspan following that meeting. (Full story.)

With very little economic data delivered during Tuesday's session, investors are focused on reports on manufacturing and economic growth due out later this week. The report on December durable orders is slated for release Thursday, while an advance reading on fourth-quarter gross domestic product is expected Friday.

In currency trading, the euro bought $1.2275, down from $1.2309 late Monday. The dollar bought ¥114.73, up from ¥114.44 in the previous session.

______________

Click here for updated bond charts.

Click here for the rest of the day's market news.