Treasury yields rise as US-China 'phase one' deal drives risk-on moves

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Treasury yields rise as US-China 'phase one' deal drives risk-on moves
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U.S. government debt yields rose on Monday as investors reacted to assurances that a 'phase one' U.S.-China trade deal will be signed in January.

Washington and Beijing announced Friday that a partial deal had been reached, and U.S. Treasury Secretary Steven Mnuchin assured over the weekend that both sides would put pen to paper in January.

rose on Monday as investors reacted to assurances that a 'phase one' U.S.-China trade deal will be signed in January.

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