U.S. government debt prices traded lower but investors are still monitoring geopolitical tensions between the U.S. and China.
The search for safe assets eased slightly overnight, but investors are still following developments in U.S.-China relations after House Speaker Nancy Pelosi spoke with Taiwanese President Tsai Ing-wen. Her trip to Taiwan has drawn much attention, given the vocal opposition from China.
On the data front, there will be Services PMIs at 9:45 a.m. ET and factory orders are due at 10 a.m. ET. Both data points will be important for investors as they track the slowdown of the U.S. economy.
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