Wall Street closes with the lowest of 0.54% pressed by Apple and Facebook

US Treasury debt yields fell on Tuesday and the yield curve showed its weakest slope in almost 11 years, while US stocks fell in a short session, which encouraged Demand for Public Debt

The S & P 500 ended down 0.86% and the Dow Jones Industrial Average lost 0.54%, under pressure from Apple, Facebook and the United States. other technology stocks, having traded most of the day.

] The stock market closed early Wednesday before the July 4th holiday in the United States.

Yields were unchanged at the start of the session after China said it would keep its currency steady.

The yuan reached its 11-month low against the dollar, while trade tensions rose between the world's two largest economies. The central bank of China has tried to calm the financial markets after its currency fell below the psychologically significant level of 6.7 units per dollar, the lowest since almost a year.

The government of US President Donald Trump is ready to impose $ 34 billion worth of goods on goods imported from China on July 6. "We have a demand for the long-term security of the yield curve because of trade concerns," said Larry Milstein, head of government and government operations. RW Pressprich & Co. Agencies in New York

Fears of a fully-declared trade war have raised fears that slowing global growth and inflation will result in such a sharp rise in US bond yields in the longer term, despite the indication that the Federal Reserve will increase interest rates more in the short term, according to analysts and traders.

Demand for bonds reduced the yield differential between short and long-term debt. Some investors are concerned that yields on bonds with the next maturity will outperform longer-term yields. The phenomenon, known as the inversion of the yield curve, has occurred between 12 and 18 months prior to the last five US recessions.

At 17:31 GMT, the two-decade-to-10-year debt spread below 29.90 basis points after hitting 29.59 basis points, its lowest level since August 2007 at 30.30 basis points . The curve between five-year and 30-year bond yields reached 22.60 basis points, its lowest point since July 2007, Reuters data showed.

The return of the US Treasury Reference Index to 10 years it dropped by almost 3 basis points to 2,833%, while that of the 30-year debt fell by 3 basis points at 2,959%.