U.S. government debt prices were lower Friday morning, as investors await key jobs data.
Market focus is largely attuned to global trade developments, following an upbeat tone from PresidentOn Thursday, Trump said the world's two largest economies were inching closer to a trade deal. His comments come as investors continue to closely monitor the prospect of a so-called "phase one" trade agreement, with less than 10 days to go before Washington is poised to impose even more tariffs on Chinese goods.
Unemployment rate data and average hourly wages for November will both be released at the same time. Consumer sentiment for December, wholesale trade figures for October and the latest reading of consumer credit will all follow slightly later in the session.
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