Treasury yields surge after US, China announce constructive trade talks – MarketWatch

Treasury yields surge after US, China announce constructive trade talks – MarketWatch

Yields on US Treasuries reduced their ascent on Tuesday as economic data pointed to growing pessimism among consumers and households, historically the engine of US growth.

What are Treasurys doing?

10-year Treasury bill yields TMUBMUSD10Y,
0.681%
climbed 3.5 basis points to 0.680%, its biggest daily increase since August 13, while the rate on the 2-year TMUBMUSD02Y notes,
0.173%

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