U.S. government debt prices were higher Friday morning, as investors monitored trade progress between the world's two largest economies.
It was not clear whether U.S. negotiators had accepted the invitation. However, the Journal's report said that U.S. trade officials were willing to meet with their Chinese counterparts.
The report comes shortly after U.S. legislation on Hong Kong had threatened to derail trade discussions between Washington and Beijing. On Wednesday, the U.S. House of Representatives passed a bill intended to support protesters in Hong Kong. It prompted China to accuse the U.S. of interfering in domestic affairs.
On the data front, manufacturing PMI and services PMI figures for November will be released at around 9:45 a.m. ET. Consumer sentiment for November and the latest Kansas City Fed Survey will follow slightly later in the session.Bank of New York President John Williams on Friday morning.
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