div > div.group > p:first-child"> At around 3:23 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.402 percent, while the yield on the 30-year Treasury bond was also higher at 2.823 percent.
The U.S. and China resumed their trade talks this week – seen as a positive sign for many investors, as they believe that a deal could be imminent."The talks will conclude. They have to," Max Baucus, former U.S. ambassador to China, told CNBC's Martin Soong at the Boao Forum for Asia.Meanwhile, investors are also likely to closely monitor a flurry of speeches from policymakers at the U.S. central bank.
On the data front, there will be core price index at 8:30 a.m. ET; consumer sentiment figures and new home sales are due later at 10 a.m. ET.The bond market is set to remain under close scrutiny amid concerns over global economic growth. Last Friday, the yield curve between the three-month Treasury bill and the 10-year bond inverted — this is usually perceived as a signal recession could be around the corner.
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