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Stock impact report

Bond Report: Treasury yields tick higher after plans for China and U.S. to renew trade talks [MarketWatch]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: MarketWatch
Treasury yields tick higher after plans for China and U.S. to renew trade talks U.S. Treasurys slumped on Thursday, pushing yields higher, as demand for haven assets, and thus flows into U.S. government paper, abated after reports saying China and the U.S. would resume trade talks. The 10-year Treasury note yield TMUBMUSD10Y, +0.19% advanced 2 basis points to 2.871%. The 2-year note yield TMUBMUSD02Y, +0.16% gained 1.8 basis points to 2.623%, while the 30-year bond rate TMUBMUSD30Y, -0.13% rose 0.8 basis point to 3.032%. Bond prices move in the opposite direction of yields. Hopes that Washington and Beijing may resolve their trade spat surged Thursday after reports said China would send a delegation to the U.S. later in August for further trade talks. Vice Commerce Minister Wang Shouwen will meet David Malpass , the U.S. Treasury Department’s undersecretary for international affairs, according to a statement from China’s Commerce Ministry. This would be the first such meeting Show less Read more
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