Instead, the prospect of a vaccine, developed by Pfizer and Germany’s BioNTech, once again shifted the outlook. Investors moved out of government debt, pushing the yield on the 10-year Treasury note, which had traded around 0.82 per cent on Friday, to as high as 0.97 per cent on Monday — a level it last reached in March'.
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Coldy Smth
Título de la fuente
Vaccine-led rise in bond yields ripples through markets