U.S. government debt prices were lower Thursday morning, as investors awaited Treasury auctions and a fresh batch of economic data.
Market focus is largely attuned to global trade developments after PresidentThe so-called "phase one" deal is set to be signed at the White HouseWashington and Beijing have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018, battering financial markets and souring business and consumer sentiment.
On the data front, the latest weekly jobless claims and manufacturing Purchasing Managers' Index for December will be released during morning deals. The U.S. Treasury is set to auction $35 billion in four-week bills and $35 billion in eight-week bills on Thursday.
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