U.S. Treasury yields rose on Tuesday morning, as concerns eased around the omicron Covid variant.
climbed by 2 basis points to 1.7784%. Yields move inversely to prices and 1 basis point is equal to 0.01%.Investors are keeping an eye on further developments around the omicron variant.
White House Chief Medical Advisor Dr. Anthony Fauci said Sunday that the initial data on the variantIn addition, investors are also monitoring the Federal Reserve's plans to tighten monetary policy.
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