Treasury yields inch lower as investors weigh trade developments

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U.S. Treasury yields inched lower on Wednesday as investors monitored the latest developments in the U.S.-China trade war.

At 5:55 a.m. ET, the 10-year Treasury yield fell less than a basis point to 4.013%, and the 2-year Treasury yield was also less than one basis point down to 3.476%. The longer maturity 30-year Treasury bond yield fell 1 basis point to 4.610%.

One basis point is equal to 0.01% and yields and prices move in opposite directions.

Investors are keeping an eye out for the latest moves in the rift between China and the U.S.

Treasury yields inch lower as investors weigh trade developments

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