U.S. government debt prices were lower Tuesday morning, as investors monitor trade developments and weighted in a potential economic slowdown.
U.S. debt markets traded higher on Monday as investors looked to weak economic data in Europe and growing concerns of an economic slowdown.On top of this, traders are watching developments on the trade front, after a Chinese delegation left the United States earlier than planned. However, the U.S. Treasury Secretary, Steven Mnuchin confirmed Monday that trade talks between the world's two largest economies would resume next month.
Meanwhile, traders will be looking ahead to fresh data with Philadelphia Fed Non-manufacturing numbers due at 08:30 a.m. and consumer confidence figures will be released at 10 a.m. ET.
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