US Treasury yields move lower on increased tension between U.S. and China

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U.S. government debt prices were higher Friday morning on concerns over new instability in Hong Kong.

Investors are reacting to the latest news that China is set to impose a new national security law on Hong Kong, which could spark further anti-government protests. Beijing's control over the city will likely evoke the ire of the U.S. and other Western powers which supported pro-democracy protesters.

In addition, China has said that it will not set a growth target for 2020, given the uncertainty sparked by the Covid-19 pandemic. There are no economic data releases, Fed speeches or Treasury auctions Friday as the U.S. heads for an extended weekend to commemorate Memorial Day on Monday.

 

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Remind me again ... who started the trade war cnbc

realDonaldTrump VP stevenmnuchin1 RepMarkMeadows FoxNews FoxNewsSunday FoxNewsPhotos

Japan holds more US debt then China does so this is strange considering the US is still better off then even the euro that is totally going to be more upside down with 4 the countries that were already in financial crisis Spain Italy Greece France FX Currencies TradingSignals

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