Treasury Yields Fall as Demand for US Government Debt Rises
What's Happening The yield on the 2-year Treasury BX:TMUBMUSD02Y has fallen by 2.9 basis points to 5.033%. Yields move in the opposite direction to prices. The yield on the 10-year…
IMF Projects Global Economy to Contract by 3%, Raises Outlook
The IMF expects global economy to contract sharply by 3% in 2020 following devastation by COVID-19 pandemic, according to press release. Global growth projected to be 5.8% in 2021 if…