U.S. government debt prices ticked higher as investors await a policy decision by the U.S. Federal Reserve.
div > div.group > p:first-child"> The yield on the benchmark 10-year Treasury note was trading lower at 2.609 percent, while the yield on the 30-year Treasury bond was trading lower at 3.022 percent. Bond yields move inversely to prices.
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin both plan to travel to Beijing next week for another round of negotiations with Chinese Vice Premier Liu He, the Wall Street Journal reported on Tuesday, citing unnamed Trump administration officials. Meanwhile, the U.S. central bank is widely expected to keep rates steady later in the session, with investors monitoring a decision on the Fed's rate projections for the next few years.
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