Treasury Yields Holding Steady, Analysts Raise New Trade Deal Concern
A new week and nothing much seems to have changed as investors continue to grapple with the same old stuff. The good news is that there is not much out there currently to drive interest rates as 10-year U.S. Treasury yields have stayed in the low- to mid-2.6 range for the last week. It’s status quo over the last few weeks as investors are focused on U.S./China trade talks, the British battle over Brexit and data on U.S. and global economies, without solid conclusions. A point of caution has risen during the past week however, as there seems to be consensus amongst analysts that a China trade deal is fully priced into the markets, which could bring disruption if the two powers can’t come to terms.