Month: August 2020

The latest virus numbers from the CDC 1497 new deaths 56307 new cases vs 55504 yesterday Total deaths in the US now to 165,000. After peaking at 76,000 cases in mid-July there was a downtick through month-end but now we’ve been around 55,000 since the start of the month. One small skew is that California
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The results of the $38 billion 10-year sale Prior was 0.653% (record low) Bid to cover at 2.41 vs 2.62 prior A strong bid for Treasuries showed up in the final minutes before the auction, sending yields near the lows of US trading. That was a tell as demand at this auction was much stronger
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