Australian shares decline as investors await US-China phase one deal signing

Australian shares decline as investors await US-China phase one deal signing

Stocks in Australia declined on Monday morning as investors await the signing of a phase-one trade deal between the U.S. and China. The S&P/ASX 200 was down 0.61% in early trade. Japan’s markets are closed for a holiday on Monday. This week Wednesday, U.S. President Donald Trump and Chinese officials are due to sign the … Read more…

Treasury yields move higher as investors await economic data

Treasury yields move higher as investors await economic data

Treasury yields rose on Friday, on pace for the biggest weekly gains in seven weeks, as investors fled safety assets and moved to riskier securities. The yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.92%, while the yield on the 30-year Treasury bond was also higher at … Read more…