Treasury yields dropped on Wednesday on news a “phase one” U.S.-China trade deal may not be completed this year, according to Reuters sources. Negotiations to finalize a deal may extend into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks, and as the Trump administration counters with heightened demands of its own. Benchmark 10-year Treasury note yields were last down 5.6 basis points at 1.730%. …read more
Source:: Yahoo Finance
