Treasurys u.s: Basis Points and Chinese Goods

treasurys u.s: Bond prices move in the opposite direction of yields, according to Market Watch. The 2-year note yield TMUBMUSD02Y, -1.59% was down 2.6 basis points to 2.282%, while the 30-year bond yield TMUBMUSD30Y, -1.14% fell 4.5 basis points to a five-week low of 2.862%, marking its biggest daily drop since March 27. What are Treasurys doing The 10-year Treasury yield TMUBMUSD10Y, -1.58% retreated 5 basis points to a five-week low of 2.448%, logging its biggest daily decline since March 22. What's driving Treasurys U.S. Trade Representative Robert Lighthizer on Monday said the Trump administration would increase tariffs on Chinese goods starting from Friday. Lighthizer and Treasury Secretary Steven Mnuchin charged that Beijing had retreated from some of the language that had been agreed upon in previous talks. This comes after President Donald Trump threatened over the weekend to take such action. (news.financializer.com). As reported in the news.