U.S. government debt prices were higher on Monday as concerns over the ongoing trade war between the U.S. and China took center stage.
Traders are closely following trade relations between the U.S. and China.said over the weekend that China should act now to make an agreement, or it would risk facing a worse deal in the future. Trump and his Chinese counterpart are likely to meet at G-20 summit due in Japan next month.Elsewhere, the calendar is thin with no economic data releases due. In terms of auctions, there will be a sale of $75 billion in 13-week and 26-week bills.
Boston Fed President Eric Rosengren and Fed Vice Chairman Richard Clarida are due to speak at 9.10 a.m. ET.
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