Treasury yields rise as coronavirus vaccine hopes drive risk-on sentiment

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U.S. government debt prices were lower on Tuesday in a holiday-shortened week, with mounting optimism about a coronavirus vaccine driving some risk-on sentiment from investors.

American biotech company Novavax said Monday that it had started the first human study of its experimental coronavirus vaccine, with initial results on safety and immune responses expected in July.

Trade tensions between the U.S. and China remain in focus, with disputes over blame for the coronavirus pandemic and new Hong Kong security laws threatening to derail the "phase one" deal signed in January. Auctions will be held Tuesday for $63 billion of 13-week Treasury bills, $54 billion of 26-week bills, $65 billion of 42-day bills and $44 billion of 2-year notes.

were lower on Tuesday in a holiday-shortened week, with mounting optimism about a coronavirus vaccine driving some risk-on sentiment from investors.

Source: Loan Digest (loandigest.net)

 

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More like markets rise because they’re full of sh*t

That is total B.S. these work for bill gates

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