The U.S. Treasury is set to auction $28 billion in 52-week bills and $38 billion in 3-year notes on Tuesday.
Market focus is largely attuned to global trade developments, with high-level negotiators from the U.S. and China set to hold a fresh round of talks in Washington, D.C., on Thursday.to include some of China's top artificial intelligence firms on Monday, punishing Beijing for its treatment of predominantly Muslim ethnic minorities. The decision appeared likely to draw a sharp response from China, with investors worried it might harm the chances of a breakthrough later this week.
The world's two largest economies have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018, battering financial markets and souring business and consumer sentiment. On the data front, the NFIB Small Business Optimism Index for September and producer price index figures for September will both be released Tuesday morning.Related Tags
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