US 10-year yields fall below 1.25% as the CDC reports an increase in US Covid cases.

Maybe it was the cases on the rise, maybe it was just a setback

CDC said the 7-day average of covid cases in the United States increased 53% week-over-week. This coincided with the CDC director, who said that some hospitals are reaching capacity in some areas of the United States.

Now none of this was unknown. Anyone can search for covid cases in the United States, so I’m not sure it’s the trigger. With that said, I’ve highlighted how the 10 precarious workers recently turned up.

So far, the drop in yields hasn’t spread to anything else, but stay tuned. Invest in yourself. Take a look at our forex education center.

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