U.S. government debt prices were lower Tuesday morning as traders looked ahead to fresh economic data and monitored developments in the U.S.-China trade war.
On Monday, U.S. Treasury Secretary Steven Mnuchin said that there is a "conceptual agreement" around intellectual property theft with China. This is one of the most contentious issues between both countries in their protracted trade war.Investors will be looking ahead to a new Job Openings and Labor Turnover Survey , due at 10:00 a.m. ET. Earlier in the day, a small business data survey will be released.
The U.S. Treasury is set to auction $28 billion in 52-week bills and $38 billion in three-year notes.
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