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Treasury yields largely unchanged ahead of U.S. – China trade meeting in Japan

U.S. Treasury yields were largely steady on Friday as the market awaited President Donald Trump’s meeting with his Chinese counterpart Xi Jinping at the G-20 summit in Japan to discuss a potential path forward on the U.S-China trade dispute.

What are Treasurys doing?

The 10-year Treasury note yield TMUBMUSD10Y, -0.40% was up less than 1 basis point from Thursday’s close to 2.010%, while the 2-year note rate TMUBMUSD02Y, +0.02% was flat at 1.741%. The 30-year bond yield TMUBMUSD30Y, -0.28% also was less than 1 basis point higher at 2.525%.

As of Thursday, yields on the 10-year Treasury were down 11 out of the past 13 trading days, a period dominated by mixed reports on a potential detente of trade tensions ahead of the U.S.

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