U.S. Treasury yields edged higher on Friday on hopes the United States and China will take steps to de-escalate their trade war, though trading volumes were muted before a U.S. holiday. The two countries gave signs on Thursday that they will resume trade talks as the two economic superpowers discussed the next round of in-person negotiations in September. A new round of U.S. tariffs on some Chinese goods is scheduled to take effect on Sunday. Demand for Treasuries for month-end extension was seen capping bond weakness on Friday, though trading volumes were light ahead of Monday’s U.S. Labor Day holiday, when the bond ... (full story)