"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.
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.
Zidane named French coach of year
Real Madrid coach Zinedine Zidane has hit back at critics "who say everything has gone to s***" at the club. I will not throw in the towel due to some bad months. "I'm not going to go into the details".
HMD Global might revive the Nokia Asha
The handset came in February 2014, was the first to feature a hardware WhatsApp key and featured a 2MP rear camera. Now a new report is pointing towards the brand releasing a completely new series of phones in the coming months.
England finally break 61-day losing streak in Australia
He nicked off to balls outside off stump six times, regularly doing so as he appeared ready to make the most of his start . England have endured a disastrous tour of Australia as they lost the Ashes 4-0 and have been plagued by off-field issues.
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.
CGNX) — Cognex Corporation (NASDAQ
Welch & Forbes Llc decreased its stake in Cognex Corp ( CGNX ) by 2.78% based on its latest 2017Q3 regulatory filing with the SEC. After having $0.57 EPS previously, Cognex Corporation's analysts see -56.14% EPS growth. (NASDAQ:SOHU) for 5,806 shares.
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.