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U.S. Markets Overview: Treasurys chart
Market players seem to be taking a slight breather from the trade war concerns between the U.S. and China and focusing on fundamentals instead. U.S. stock futures pointed to a higher open on Wednesday, continuing a recent recovery in risk assets, while bond prices moved lower.
Traders will be monitoring upcoming data releases. There will be retail sales, manufacturing numbers, industrial production and business inventories published throughout the morning. There are no auction sales scheduled.
Fed Vice Chair Richard Clarida is due to speak at 9:30 a.m. ET and Richmond Fed President Thomas Barkin will also give a speech at 10 a.m. ET.