Key Moment Looms in Trade Talks

This Saturday’s meeting between President Trump and China’s Xi in Japan looms as a key event for markets with reports about a potential tariff pause contrasting with the U.S.’s repeated threats of more duties. The question becomes, will the U.S. avoid escalating its trade war with China? As noise has, once again, picked up over trade, investors continue to keep a close eye on the Fed and monetary policy, as expectations remain high that central banks will cut rates to counter signs of a slowing global economy. As markets wait, the yield on 10-year Treasuries have held pretty steady during the week; currently at 2.03, down 28 basis points from a month ago and 79 basis points from this time last year.

 

2019-06-27T21:40:06+00:00