Traders are closely following trade relations between the U.S. and China. U.S. officials confirmed Tuesday that there will be higher tariffs on Chinese goods later this week.
This comes after President Trump tweeted about his intention to impose higher duties last Sunday – his comments sparked a global sell-off.Data released Wednesday morning in China showed its trade surplus with the U.S. rose to $21.01 billion in April from $20.5 billion in March.On the auctions front, the Treasury is set to sell $27 billion in 10-year notes.
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US Treasury yields tick lower as investors digest new US tariffs on ChinaU.S. government debt prices were higher on Monday morning, as investors digested news that the White House will impose higher tariffs on Chinese goods. barely and Gold up $2 not much movement considering the futures in the equity markets. 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.
Source: CNBC - 🏆 12. / 72 Read more »
Treasury yields tick lower as investors monitor US-China tradeU.S. government debt prices were higher on Tuesday morning, as investors monitored developments in U.S.-China trade.
Source: CNBC - 🏆 12. / 72 Read more »