"The U.S.is looking for trade relationships that are free and fair and reciprocal", he said, adding that one of the problems with China is that there is often no reciprocity as they are able to invest more easily into Europe and the U.S. than they allow investment into China.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, jumped 2 basis points to 2.73 percent, the yield on the long-term 30-year note rose almost 1 basis point to 3.43 percent while the yield on short-term 2-year slumped 2 basis points to 2.04 percent by 04:40 GMT.
Data on Thursday showed US producer prices fell for the first time in almost 1-1/2 years in December amid declining costs for services. But it didn't set a concrete end-date to the program, sparking criticism from some top officials including the German and Dutch central-bank governors.
The major European markets also ended the day mixed.
Which Insiders Are Selling Rockwell Collins, Inc. (COL)?
Jefferies maintained it with "Hold" rating and $2900 target in Thursday, July 13 report. (NYSE:COL) rating on Thursday, October 6. Guyasuta Investment holds 0.12% or 25,299 shares in its portfolio. (NYSE:COL). 405,000 are held by P Schoenfeld Asset Mgmt Lp.
Yields on US debt have been climbing this week amid expectations the improving global economy will boost inflation pressures around the world, just as major central banks scale back their asset purchases. That has curtailed the supply of European debt and driven up demand for USA fixed-income assets, which offer higher interest rates.
Data on Friday showed Chinese exports stayed buoyant in December, though imports missed forecasts after a very strong November.
Inflation is a primary threat to bonds because it erodes the purchasing power of their fixed payments. The next major event is the release of US consumer prices and retail sales later on Friday, where a soft outcome could drag the USA dollar down to the benefit of the Aussie and the kiwi.
Toyota will add Amazon Alexa to select cars in 2018
Toyota has announced plans to bring the Amazon Alexa virtual assistant to some of its Lexus and Toyota models later this year. Toyota partners with philanthropic organizations across the country, with a focus on education, safety and the environment.
Plan was to keep Kohli quiet, says Philander
There was also discussion that KL Rahul should be back in the playing eleven and India need to play only four bowlers. Somehow, the "will not" bit looked likely and the picture of Rahane in a bib carrying drinks came to mind.
Phillips 66 (NYSE:PSX) Institutional Investor Sentiment Trend
Greg Poole increased its stake in Meritage Homes Corp (MTH) by 40.18% based on its latest 2017Q3 regulatory filing with the SEC. Breton Hill Capital Ltd decreased Garmin Ltd (NASDAQ:GRMN) stake by 7,251 shares to 46,368 valued at $2.50 million in 2017Q3.