Unnamed officials told Bloomberg that Beijing may reconsider its purchasing of U.S. debt as trade tensions brew between the two countries.
Bond guru Bill Gross said Tuesday that the bond bear market is finally upon us after more than 25 years.
During Wednesday’s session, speeches by U.S. Federal Reserve members, and data are expected to be of key importance to investors.
Investors will be awaiting the latest remarks by key Fed members. In Illinois, Chicago Fed President Charles Evans will be present at the Lake Forest-Lake Bluff Rotary Club Foundation’s 2018 economic breakfast.
Meantime, Dallas Fed President Robert Kaplan will be in Dallas, where he is expected to speak at two events, the Weitzman Group’s Annual Retail Forecast, and the Urban Land Institute’s North Texas Emerging Trends 2018.
St. Louis Fed President James Bullard is also set to give presentation on the “U.S. economy and monetary policy” at a 2018 Economic Outlook event in St. Louis.
On the auctions front, the U.S. Treasury is set to auction $20 billion in nine-year and 10-month notes.