(Bloomberg) — The lesson for investors backing higher Treasury yields this week was clear: A good growth story is no match for the virus-related fears gripping the market.It will be tough for the U.S. economy to serve up numbers much stronger in the coming days than what investors just saw. Yields did climb more than 15 basis points from the week’s lows on surprisingly healthy manufacturing and services data, but the move had lost stamina by the time of Friday’s robust payrolls report. The world’s borrowing benchmark rate is stuck around 1.6% and probably tilted lower barring assurances from health …read more
Source:: Yahoo Finance
