US Treasury Yields Fall in Anticipation of Important Data Releases

Early on Wednesday morning, 10-year Treasury note yield fell to around 2.4139% while the 30-year Treasury note yield also fell to 2.8501%. The lower yields came in anticipation of upcoming economic data releases from the US markets today.

Later during the day, we will get a look at retail sales, manufacturing data, industrial production figures as well as business inventories.

These data points releasing today will serve as a helpful distraction from the ongoing US-China trade war that have been in focus for the past few days.

Ahead of these news, the US dollar index has been trading slightly bullish and has touched 97.65 at the time of writing.