Markets, oil extend gain due to signs of progress against virus – Gulf Today

Markets, oil extend gain due to signs of progress against virus – Gulf Today

Markets, oil extend gain due to signs of progress against virus. "A day does not a trend make, a week does not a trend make.... but we think the market is bottoming out," said Jeff Mortimer, Director of Investment Strategy at BNY Mellon Wealth Management.. "We've got a nice decline in volatility across forex and equity markets.. US yields - which move inverse to price - rose to 0.73% having fallen almost 9 basis points on Monday, and Bund yields were up 6-9 basis points across the curve..