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Global equity markets jump, bonds dip, on hopes of vaccine-led recovery
By NEW YORK (Reuters) - Stock markets rose and safe havens such as U.S. Treasury bonds dipped Tuesday as strong factory data and signs that coronavirus vaccinations could be administered by the end of the year helped prolong a worldwide rally in risk assets even as the pandemic accelerated.Bets on more easing from the U.S. Federal Reserve to help the economy through the winter pushed the dollar index down 0.817% to 2-1/2-year lows as riskier currencies rose.Benchmark 10-year U.S. Treasury notes, meanwhile, fell 24/32 in price to yield 0.9194%, from 0.842% late on Monday, as Congress began a...…By NEW YORK (Reuters) - Stock markets rose and safe havens such as U.S. Treasury bonds dipped Tuesday as strong factory data and signs that coronavirus vaccinations could be administered by the end of the year helped prolong a worldwide rally in risk assets even as the pandemic accelerated.Bets on more easing from the U.S. Federal Reserve to help the economy through the winter pushed the dollar index down 0.817% to 2-1/2-year lows as riskier currencies rose.Benchmark 10-year U.S. Treasury notes, meanwhile, fell 24/32 in price to yield 0.9194%, from 0.842% late on Monday, as Congress began a...WW…
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