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Treasury yields rise amid US-China trade developments

March 5, 2019

Via: CNBC

U.S. government debt prices were lower Tuesday as traders monitored U.S.-China trade developments.

The yield on the benchmark 10-year Treasury note rose to around 2.737 percent, while the yield on the 30-year Treasury bond increased to 3.101 percent. Bond yields move inversely to prices.

Market players are focused on U.S.-China trade developments with mixed messages on the progress of talks between Washington and Beijing over the last few days. Sources told CNBC Monday that U.S.-China trade negotiations are in the “final stages” and that a summit in Mar-a-Lago later this month could close the deal.

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