U.S. government debt prices were higher Monday morning as concerns over a second wave of coronavirus infections intensified following spikes across the country.
A number of states including Alabama, California, Florida and North Carolina havesince they began to reopen their economies. Texas and North Carolina reported record numbers of coronavirus-related hospitalizations on Saturday.
President Donald Trump is planning to push ahead with an indoor campaign rally in Tulsa, Oklahoma on Saturday despite local concern over an uptick in cases.after a significant pullback last week, fueled by rising fears over a second wave and profit-taking following a recent surge in stock prices. China, the original epicenter of the pandemic, is also subject to concern about a second wave, after Reuters reported thatdue to the discovery of a new cluster of infections centered around a wholesale market.
Auctions will be held Monday for $60 billion of 13-week Treasury notes and $54 billion of 26-week notes.
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Mexico City to begin gradual exit from lockdown on MondayThe mayor of Mexico City said on Friday the Mexican capital will next week lift restrictions on car traffic and public transport, and allow 340,000 factory works to get back to work, even though new cases of coronavirus are still rising.
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France to begin lifting coronavirus travel restrictions from MondayFrance will open its borders to travelers from most European countries beginning Monday, ending months of restrictions related to the coronavirus pandemic
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What to Watch on Monday: 'The Bachelor' revisits Kaitlyn Bristowe's run on greatest-seasons tour'The Bachelor' greatest-seasons tour revisits Kaitlyn Bristowe's run, and 'Roswell, New Mexico' and 'Songland' wrap up for the season.
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Paris restaurants can re-open Monday earlier than expected - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Irish parties plan to sign coalition deal on MondayIrish political parties Fianna Fail, Fine Gael and the Greens will sign a deal on Monday on the formation of a new coalition government, Fianna Fail leader Micheal Martin said after talks on Sunday aimed at ending four months of political deadlock.
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