U.S. government debt prices were lower Tuesday morning, as investors await the planned signing of an interim U.S.-China trade deal.
Market focus is largely attuned to global trade developments, with the U.S. and China set to ratify their so-called "Ahead of the preliminary agreement, the U.S. Treasury announced on Monday that it had dropped China'sThe decision comes more than five months after the Treasury Department formally made the designation, with Beijing now on a "monitoring list" for currency practices along with nine other countries, including Germany, Italy and Japan.
On the data front, the National Federation of Independent Business' small business optimism index for December will be released at 6 a.m. ET. The latest Consumer Price Index , a key indicator of inflation trends, will follow slightly later in the session. Economists polled by Dow JonesThere are no major U.S. Treasury auctions scheduled on Tuesday.
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