TREASURIES-Yields rise as report China to accelerate U.S. farm purchases boosts risk appetite
June 19, 2020 at 09:38 AM EDT
U.S. Treasury yields rose on Friday as risk appetite increased and demand for safe haven bonds eased, after a report that China will speed up purchases of U.S. farm goods. Bloomberg News reported that China will accelerate purchases to comply with the Phase One trade deal with the United States. “News of the nice tone to the U.S.-China trade relations, and whatever else contributed to the ‘risk on’ tone is affecting Treasuries ne