@manzoorkhan
🟠TREASURY YIELDS TICK HIGHER AS CHINA SAYS U.S. BREACHED TRADE DEAL
U.S. Treasury yields moved higher as China struck back at the U.S. over alleged Geneva trade deal violations.
At 5 a.m. ET
🟠The 10-year Treasury yield was up over 2 basis points to 4.445%.
🟠The 2-year yield was less than a basis point higher, trading at 3.922%.
🟠The 30-year Treasury yield was over 4 basis points higher at 4.981%.
One basis point is equivalent to 0.01%. Yields and prices move in opposite directions.
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