The near-deal between the U.S. and China that Fell Apart Six Months ago is now being used as the benchmark to decide how much tariffs should be rolled back in the initial phase of a broader trade agreement. The two side of the sides are discusing linking the size of the tariff rollbacks to the preliminary terms set in that failed may deal (bloomberg) the yield on the benchmark 10-year treasury note, which moves inversely to price, was slightly lower The yield on the 30-year treasury bond was also lower at around 2,2527%. Market focus is largely attuned to global trade development, as investors Await Clearer News on Whether the U.S. and China Will Reach a Preliminary Accord to End A Protracted Dispute. (CNBC) Deep in the Government Compound in Beijing, China`s State Council was in session, Debating a complicated proposal to help struggling domestic compans. The Cabinet Meeting Took Place late in May, Days After U.S. President Donald Trump Heaped Yet More Tariffs on China`s Exports and Restricted the Sale of Goods to Huawei Technologies Co. On this day through, official was grapleling not over the fallout from the trade war, but how to tackle a home-grown adversary: ​​about $ 35 trillion in corporate, household and sovereign debt. (Bloomberg) Source: Danareksa Research Institute Photo by Annie Spratt on Unssplash