US Treasury yields under pressure; future China-US trade talks on the horizon

The Economic Symposium, set to take place at Jackson Hole, Wyoming, from Thursday until Saturday, will focus on changing market structure and the implications for monetary policy going forward. The U.S. Treasury is set to auction $51 billion in 13-week bills and $45 billion in 26-week bills. The yield on the benchmark 10-year Treasury note was lower at around 2.858 percent at 5:45 a.m. ET, while the yield on the 30-year Treasury bond was in the red at 3.014 percent.