US Treasury yields tick lower as investors digest new US tariffs on China

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U.S. government debt prices were higher on Monday morning, as investors digested news that the White House will impose higher tariffs on Chinese goods.

Traders are reacting to news overnight thathas decided to raise current tariffs of 10% on $200 billion of Chinese goods to 25% on Friday. In a Twitter post, he also threatened to impose an extra 25% levies on an additional $325 billion of Chinese goods "shortly".

Officials in Beijing are considering whether to back out of trade talks with the U.S. that were scheduled for this week. Both countries had indicated over the last weeks that they had made progress in their trade discussions.

 

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As pointed out on your broadcast, the liar-in chief is deftly aware about how his tweets (and you fill in the blanks) affect financial markets. Consider: the deployment of the aircraft carrier Abraham Lincoln to the Middle East. Is it to shore up oil prices? SEC should watch.

barely and Gold up $2 not much movement considering the futures in the equity markets.

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