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TREASURIES-Yields lower as coronavirus cases rise

U.S. Treasury yields fell on Wednesday as new outbreaks of the novel coronavirus boosted demand for the safe haven debt, and before the Treasury will auction 20-year bonds for the second time since their reintroduction last month. Optimism over a quick economic recovery has been tempered by an increase in global cases of the coronavirus, with a new outbreak in Beijing and a rising tide of cases in U.S. states that are [Source]

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Origin: reuters.com

Category: companyNews

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Source: http://feeds.reuters.com/~r/reuters/companyNews/~3/JeG_ed39HPA/treasuries-yields-lower-as-coronavirus-cases-rise-idUSL1N2DU1BD