Treasury yields move higher ahead of auctions

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Treasury yields move higher ahead of auctions
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U.S. government debt prices were lower Monday morning as traders monitored U.S.-China trade talks.

Market players are closely monitoring U.S. and China relations. Chinese state media reported Sunday that Beijing wants a cancelation of tariffs for a phase one trade deal.

There is no clear indication of when both countries will be able to sign an agreement and last week saw fresh tension between Washington and Beijing after PresidentMeanwhile, the U.S. Treasury is set to auction $84 billion in 13 and 26-week bills. There are no economic data reports set to be released.

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