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Vaccine News launches a race to invest in risky assets. However, they get paid 0. 9% per annum to hold money for 10 years rarely seems more tempting.
Last week, strong test results drove Pfizer $ 44. 5 billion in global equity funds, according to EPFR Global money tracker. On Monday, early results showed 94. Moderna’s 5% vaccine efficacy led to another rally, especially for airline and bank stocks. The flip side is that the money leaves Treasurys: $ 4 billion left U. s. Government bond funds. . .
Return, Vaccine, US Treasury Department, Coronavirus, Bond, Moderna, Investor
World News – AU – Moderna Vaccine or Not, 0. 9% Treasury yields are too good to be missed
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Ref: https://www.wsj.com