Optimism the US and China are nearing a trade deal is prompting investors to sell Treasuries as demand for havens wanes. Yields on 10-year benchmark US government bonds rose as much as four basis points to 4.04%, the highest in more than a week, after negotiators from the world’s two biggest economies said they’d struck a series of agreements on issues including tariffs and export controls. Yields on five- and two-year notes rose three basis points as improving risk sentiment overshadowed expectations of ...

SINGAPORE (Reuters) -A rebound in the dollar (DX=F) proved short-lived on Tuesday following renewed signs of strains in U.S.-China trade relations, which dented risk sentiment and left investors ducking for cover in traditional safe havens like the yen and the Swiss franc. Just as markets found some reprieve after U.S. President Donald Trump struck a more conciliatory tone against tariffs on China, and on signs that a meeting with his Chinese counterpart was on track for later this month, developments on ...