U.S. government debt prices were higher on Wednesday morning, after President Donald Trump said Tuesday there is still a 'long way to go' on trade talks with China.
Wall Street ended a series of record highs on Tuesday after PresidentU.S. Markets Overview: Treasurys chartsaid Tuesday that the central bank will "act as appropriate" in ensuring economic expansion.
"We are carefully monitoring these developments and assessing their implications for the U.S economic outlook and inflation, and will act as appropriate to sustain the expansion, with a strong labor market and inflation near its symmetric 2% objective," Powell said in Paris. Investors are likely to monitor the latest Housing starts and building permits due at 8:30 a.m. ET. In terms of Fed speeches, Kansas City Fed President Esther George will speak at 02:30 p.m. ET.
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