US Treasury yields fall as turbulence around trade continues
The yield on the benchmark 10-year Treasury note was lower at around 2.92 percent at 8:23 a.m. ET, while the yield on the 30-year Treasury bond slipped to 3.061 percent. Market-watchers have become increasingly jittery this week after President Donald Trump requested the United States Trade Representative to identify $200 billion worth of Chinese goods late Monday, for additional tariffs at a rate of 10 percent. Coming up Thursday, jobless claims and the Philadelphia Fed's manufacturing business outlook survey are both due out at 8:30 a.m. ET, followed by FHFA house price index data at 9 a.m. ET.