US Treasury yields decline as investors await data; US-China trade in focus

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U.S. government debt prices were higher on Friday, ahead of a fresh batch of economic data.

div > div.group > p:first-child"> At around 5:25 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at around 2.624 percent, while the yield on the 30-year Treasury bond was also in the red at 3.038 percent. Bond yields move inversely to prices.

Shortly after, consumer sentiment and the latest Job Openings and Labor Turnover survey is out at 10 a.m. ET. Later on, Treasury International Capital figures will be published at 4 p.m. ET. On Friday, however, Xinhua news agency reported that Chinese Vice Premier Liu He had spoken to Mnuchin and Trade Representative Robert Lighthizer over the phone, with the agency adding that further progress had been made.

 

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