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Bond Report: U.S. government bond yields edge lower as China-U.S. trade tensions remain in focus

U.S. government bond yields edged slightly lower early Monday as escalating tensions between Washington and Beijing drove a flight to the perceived safety of Treasurys, which have pushed rates down.

President Donald Trump approved tariffs of 25% on about $50 billion of Chinese goods on Friday, drawing retaliatory measures by China on U.S. goods of the same value.

Trade jitters also saw the futures for the Dow Jones Industrial Average DJIA, -0.34% and the S&P 500 index SPX, -0.10% firmly lower early Monday, with Dow futures YMU8, -0.84%showing a triple-digit point drop.

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