World News – GB – Treasury yields drop amid lingering concerns about pandemic


The benchmark 10-year T-bill yield fell 2 basis points to 06397% In the meantime, the 30-year T-bill yield was also below 13991% move inversely with prices

New York City reported an increase in virus cases on Tuesday The city said its daily positive coronavirus test rate was back above 3% for the first time in months Meanwhile, New York hospitalizations jump to 571, the most since August 7

Yields remained lower even after US consumer confidence surged unexpectedly in September The Conference Board said on Tuesday that its Consumer Confidence Index rose to 1018 this month from 863 in August The reading is much higher than a Dow Jones estimate of 901

President Donald Trump and Democratic challenger Joe Biden to participate in televised debate tonight the first before US voters go to the polls in November

The Treasury is expected to auction $ 30 billion in 42-day CMBs (cash management bills) and $ 30 billion in 119-day CMBs

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Debate, Donald Trump, Joe Biden, US presidential debates, Cleveland

World news – UK – Treasury yields drop amid lingering worries about pandemic



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