AFTER NEWS of an efficacious vaccine broke on November 9th, investors bet on a partial return to economic normality. Cruise and casino stocks leapt, and e-commerce firms skidded. The yield on ten-year Treasuries climbed to almost 1%.■
This article appeared in the Finance & economics section of the print edition under the headline “News of an effective vaccine injects optimism into markets”
Reuse this contentThe Trust Project