Treasury yields drop on reports trade deal may not come this year
NEW YORK, Nov 20 (Reuters) - U.S. Treasury yields dropped on Wednesday on news a "phase one" U.S.-China trade deal may not be completed this year, according to Reuters sources.
Benchmark 10-year Treasury note yields US10YT=RR were last down 5.1 basis points at 1.735%. The two-year yield US2YT=RR was down 2.4 basis points at 1.572%, flattening the yield curve US2US10=TWEB to 16.1 basis points from 18.5 at Tuesday's close.
(Reporting by Kate Duguid Editing by Chris Reese)