US Treasury yields unchanged as investors eye US-China trade dispute

  • The U.S. administration is finalizing plans that would inflict tariffs on $200 billion worth of Chinese goods.

U.S. government debt yields were unchanged Monday as Wall Street eyed upcoming news on U.S.-China trade tariffs.

The yield on the benchmark 10-year Treasury note held steady at 2.937 percent at 4:07 p.m. ET, while the yield on the 30-year Treasury bond was relatively flat at 3.085 percent. Bond yields move inversely to prices.

Symbol
Yield
 
Change
%Change
US 3-MO
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US 1-YR
---
US 2-YR
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US 5-YR
---
US 10-YR
---
US 30-YR
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Last week's trade news continues to influence market sentiment.

President Donald Trump said Friday that he was "ready to go" on hitting China with an additional $267 billion worth of tariffs. The U.S. administration is already looking into finalizing plans that would inflict tariffs on $200 billion worth of Chinese goods, after a public comment period expired recently.

Investors monitored Washington's relationship with other major economies. Canada and the U.S. have yet to secure a deal that would replace the North American Free Trade Agreement (NAFTA). And on Friday, Trump told journalists that the U.S. had begun talks with Japan over trade, Reuters reported.