December 2, 2018 / 11:19 PM / 14 days ago

TREASURIES-Treasury futures sag as risk-on mood asserts on Trump-Xi trade detente

NEW YORK, Dec 2 (Reuters) - U.S. Treasury futures slipped as trading for the week ahead kicked off late on Sunday with investors back in a risk-taking mood after China and the United States agreed to shelve any new tariffs and reset discussions.

The benchmark 10-year Treasury note futures contract dropped 5/32 of a point in early trading, indicating that yields on nominal Treasuries, which move in the opposite direction of prices, will rise when that trading begins later on Sunday. The 10-year note yield closed Friday just shy of 3 percent.

In equities, meanwhile, benchmark S&P 500 e-mini futures gained 1.6 percent when electronic trading began at 6 p.m. ET. (Reporting by Dan Burns; Editing by Sandra Maler)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below