Successful vaccine creates problems for some investors – Sydney Morning Herald

Successful vaccine creates problems for some investors – Sydney Morning Herald

Then came Pfizer’s announcement last week of the successful trial of its vaccine. Ten-year bond yields climbed nearly 1% before falling back to around 90 basis points by the end of the week. This belated decline in yields came as investors in bonds (and stocks) realized that even if the vaccine were allowed to be […]

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