U.S. Treasury yields tumbled on Monday, with 10-year yields hitting the lowest s...
NEW YORK - U.S. Treasury yields tumbled on Monday, with 10-year yields hitting the lowest since November 2016, as fears over escalating U.S.-China trade tensions renewed concerns about an economic downturn and spurred a fourth straight session of gains in bonds.
Chinese state media said local firms have halted U.S. agricultural purchases, elevating anxiety about tit-for-tat moves by the world’s two biggest economies. The Chinese measures followed U.S. President Donald Trump’s threat last week to impose 10% tariffs on $300 billion of Chinese imports starting Sept. 1.
The Institute for Supply Management’s index on U.S. services activity showed the vast economic sector’s growth slowed to its weakest level in three years in July. The Treasuries market recorded a total return of 1.31% last week, which was its biggest weekly gain since November 2011, according to an index compiled by Bloomberg and Barclays.
Interest rates futures implied traders fully expect the U.S. Federal Reserve to lower rates again at its Sept. 17-18 policy meeting after cutting them last week for the first time since 2008, CME Group’s FedWatch program showed.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Treasury labels China a currency manipulator, ratcheting up trade warBREAKING: The Trump administration has designated China as a currency manipulator, ratcheting up its trade war by slapping the world’s No. 2 economy with a label no U.S. president has used since 1994
Lire la suite »
US Treasury designates China as a currency manipulatorChina added its currency to the weapons it is willing to use in the trade war, and now it's up to President Trump to make the next move.
Lire la suite »
US Treasury Department labels China a currency manipulatorNEW: U.S. Treasury labels China a currency manipulator after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between the world's two biggest economies.
Lire la suite »
US Treasury Department labels China a currency manipulatorWASHINGTON (AP) — The U.S. Treasury Department labeled China a currency manipulator Monday after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between...
Lire la suite »
Treasury Department declares China a currency manipulatorIn a statement, the Treasury Department said Secretary Mnuchin, 'under the auspices of President Trump,' has determined that China is a currency manipulator. '
Lire la suite »
S&P 500 futures fall after U.S. Treasury calls China currency manipulatorS&P 500 futures dropped 1.2% late on Monday after the U.S. Treasury Department l...
Lire la suite »