This week traders are waiting for a new Federal Reserve meeting, starting Tuesday.
Bond prices dropped Friday after a U.S. jobs report topped expectations. Nonfarm payrolls surged by 266,000 in November and the unemployment rate stood at 3.5%.meeting, starting Tuesday. Market players are also closely following trade talks between the U.S.
and China, looking for clarity as to whether both countries will be signing a trade deal soon. The U.S. is due to impose new tariffs on China by December 15.The U.S. Treasury is set to auction $84 billion in 13 and 26-week bills; and $38 billion in three-year notes.
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