In this context, the dollar index, which measures the performance of the greenback against six globally representative currencies, fell 0.5%, to 95.94 units. The Australian dollar hit a one-week high and China’s yuan jumped to its highest since May 2018 against offshore trading.
In parallel, the 10-year US Treasury yield rose 2.8 basis points to 1.508%. The three-day uptrend in returns marked the longest winning streak since mid-October.
The Treasury Department held an auction of US $ 36,000 million in 10-year debt in this round, which had a moderate interest, according to analysts. Demand for the paper was at the lower end of the recent range, at 2.43 times the securities offered.
The vaccine reports were added to comments in recent days by an official in South Africa and the most renowned inféctologist in the United States, Dr. Anthony Fauci, who downplayed the severity of the variant.
This helped stimulate the appetite for risky assets. The S&P 500 has risen more than 3% in the last two sessions.
Source From: Ambito
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