U.S. Treasury yields rose on Thursday with 30-year yields climbing from record lows, as hopes on U.S.-China trade talks and a dismal seven-year note auction cooled the recent torrid rally in the bond market. Part of the yield curve remained inverted with a negative gap between two-year and 10-year yields US2US10YT=RR at -2.9 basis points, little changed on the day. The yield curve has inverted before every U.S. recession in the past 50 years. China’s commerce ministry on Thursday said Beijing and Washington are discussing the next round of face-to-face trade talks scheduled for September. “The most important thing at ... (full story)