TREASURIES-Yields inch lower amid trade uncertainty
Trade tension between the United States and China ratcheted up again on Friday, pushing Treasury yields slightly lower as traders sought safety in high-quality assets. China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world's two largest economies would be meaningless unless Washington changed course. "There has been a generalized risk-off move on the back of the headlines earlier from China that said they were not particularly interested in restarting negotiations on trade," said Jonathan Cohn, head of rates trading strategy at Credit Suisse.
Published:5/17/2019 2:22:06 PM