Today: The USA's dangerous debt gamble
The USA are increasingly financing their debt with short-term debt securities. That's risky for the financial markets. And: how Moderna could benefit from a cancer vaccine.
Global investors are concerned about uncertainty in the bond markets this week. Yields on 30-year US Treasury bonds reached 5.34%, their highest level since 2007. In response, US Finance Minister Scott Bessent announced a doubling of the buyback volume of bonds with maturities between 10 and 30 years. The Moderna stock surged up to 177% after the US biotech company announced a study success with a new cancer vaccine.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
