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In an interview with Fox News on Tuesday, Senior White House adviser Kellyanne Conway said they were getting “really close” to finalizing the trade deal with China.

Similarly, citing a White House official with knowledge of the matter, Politico reported that despite all the drama, a phase one deal with China was very close.  

These headlines don’t seem to be providing a boost to the market sentiment. As of writing, the 10-year US Treasury bond yield was down 1% on a daily basis at 1.740%.