A pedestrian walks past an electronic quotation board displaying share prices of the Tokyo Stock Exchange in Tokyo, Japan. Picture: AFP/KAZUHIRO NOGI
About one-quarter of all the deaths so far have been in the US, with cases surging in a handful of southern and western states that reopened earlier. Sovereign bonds benefited from the shift to safety with yields on US 10-year notes falling to 0.64%, having briefly been as high as 0.96% early in June.