U.S. government debt prices were slightly higher Thursday morning as the coronavirus pandemic continues to drive a flight from risk.
amid discussion of a $1 trillion federal stimulus package to help juice the economy.
The U.S. Senate overwhelmingly passed a bill on Wednesday providing billions of dollars to supply free testing, paid sick leave and expanded safety-net spending in a bid to cushion the economic blow to Americans from the pandemic.in the hope of propping up the ailing euro zone. U.S. fourth-quarter current account figures will be published at 8:30 a.m. ET along with last week's jobless claims.
Auctions will be held Thursday for $50 billion of 4-week Treasury bills, $40 billion of 8-week bills and $12 billion of 10-year TIPS.
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