On Monday, US Treasury yields increased slightly as Moderna said its vaccine is effective

Yield Curve UST 2Y YTM: 0.19% (2 bp up) UST 5Y YTM: 0.41% (no change) UST 10Y YTM: 0.91% (2 bp up) UST 30Y YTM: 1.66% (1 bp up) On Monday, US Treasury yields increased slightly as Moderna announced that preliminary phase three trial data demonstrated its vaccine to prevent the coronavirus is effective by over 94%. Ian Lynegn, BMO’s head of US rates: “Headlines on the effectiveness of Moderna’s vaccine as well as Biden’s announcement not to advocate for nationwide lockdowns combined with incremental positive news from Europe as Germany notes renewed restriction are showing signs of success has contributed to the bullish sentiment in risk assets.”

• Full name
  The United States of America
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  USA