Treasury yields climb, following stock-market’s cue on vaccine optimism

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U.S. Treasury yields rose Wednesday as equities markets rallied on reports of progress on a coronvirus vaccine from two pharmaceutical companies that raise the chances of an economic recovery from the pandemic.

 

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Gold is down on the vaccine news, but still holding above $1,800. I was expecting more of a pullback. We'll see how today goes.

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European shares climb on vaccine hopes, mixed earningsEuropean shares rebounded on Wednesday from losses in the previous session, bolstered by positive updates on a potential COVID-19 vaccine, while investors weighed a mixed bag of quarterly reports at the start of earnings season.
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