Bonds & Stocks
Treasuries slipped as traders awaited economic data from the US for further signs that growth is flagging. The two-year yield rose four basis points to 4.11%, climbing from a 3 1/2- month low ahead of the revised fourth-quarter gross domestic product print on Thursday.
Economy
President Donald Trump said 25% tariffs on Canada and Mexico are on track to go into place on March 4, and said he would impose an additional 10% tax on Chinese imports. The president paused the sweeping duties on the US’s largest trading partners on Feb. 3 for one month after Canadian and Mexican leaders announced new border security measures.
World
Thailand deported 40 Uyghur asylum seekers to China on Thursday, drawing condemnation from international rights groups that denounced the move as a violation of international law.