According to Bloomberg, US President Donald Trump is reportedly considering an interim trade deal with China with an aim to delay or roll back some tariffs on IP and agricultural purchases.
The 10-year US Treasury gained traction on these headlines and turned positive on the day while Wall Street’s main indexes continued to stretch higher. As of writing, the 10-year T-bond yield was up 0.85% on the day while the Nasdaq Composite and the S&P 500 were adding 1% and 0.6%, respectively.
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