Treasury Rally Cools as Trump Signals China Trade Talks Back On

Ten-year yields earlier drop to lowest level in three years
Goldman says they may drop to a record low if conflict grows

Uncut artificial Christmas tree branches sit on the ground on the production line at a factory in Yiwu, Zhejiang province, China.Photographer: Qilai Shen/Bloomberg

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By Masaki Kondo and John Ainger

August 25, 2019 at 11:43 AM UTC

Updated on

August 26, 2019 at 11:20 AM UTC

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A rally in Treasuries slowed to take 10-year yields off a three-year low after U.S. President Donald Trump said that China had asked to restart trade talks.