Treasury yields rise with oil deal, hopes for coronavirus peak in focus

States on the east and west coasts on Monday formed regional pacts in the hope of forging gradual economic reopenings, as the rate of coronavirus infections finally appeared to be slowing.

Yields also received a boost to begin the week after OPEC and its oil-producing allies on Sunday agreed in a historic deal to cut production by 9.7 million barrels per day, following days of protracted negotiations in a bid to prop up falling prices.Auctions will be held Tuesday for $65 billion of 43-day Treasury bills and $25 billion of 119-day bills.

New Coronavirus If the infection peaks out, The economy will soon come back. United States is strong. The economy will recover quickly. Do you buy cheap stocks now? Or, After the economy has recovered Do you buy high stocks? Don't lose to China.

Вы верите в это?

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Treasury yields edge higher as investors monitor coronavirus, oil production cutsU.S. government debt prices were slightly lower Monday morning as investors monitored the coronavirus and an agreement between OPEC and its allies for record oil production cuts.
Source: CNBC - 🏆 12. / 72 Read more »