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Lockdown Will Take Toll on Malaysia’s Already Steep Yield Curve Bloomberg 1/22/2021 Marcus Wong (Bloomberg) Malaysia’s yield curve has raced higher over the past year and is now near the steepest since 2017. The return to a strict lockdown and delays to vaccine distribution mean it may have further to run. The spread between the nation’s three-year and 10-year sovereign debt climbed above 90 basis points last week, up from just 16 basis points before the coronavirus selloff in March. The tighter lockdown announced Jan. 11 and the imposition of a state of emergency the following day, are likely to intensify concern that Malaysia will fall short of its growth and fiscal consolidation targets this year, pushing up longer-term yields. ....
WHO Team Set for China Trip; N.J. Honor System: Virus Update Bloomberg 1/11/2021 (Bloomberg) Pfizer Inc. and BioNTech SE raised their Covid-19 vaccine production target for this year to 2 billion shots. The previous production target was 1.3 billion doses. A World Health Organization team of scientists is beginning a long-delayed trip to China to study the origins of the virus. New York City Mayor Bill de Blasio reaffirmed his goal of doling out 1 million doses by the end of January. Los Angeles, the epicenter of the latest U.S. wave, will turn Dodger Stadium into a mass vaccination center to inoculate as many as 12,000 people a day. ....
Pfizer Inc. and BioNTech SE raised their Covid-19 vaccine production target for this year to 2 billion shots. The previous production target was 1.3 billion doses. A World Health Organization team of scientists is beginning a long-delayed trip to China to study the origins of the virus. ....
WHO Team Set for China Trip; N.J. Honor System: Virus Update Bloomberg 1/11/2021 (Bloomberg) Pfizer Inc. and BioNTech SE raised their Covid-19 vaccine production target for this year to 2 billion shots. The previous production target was 1.3 billion doses. A World Health Organization team of scientists is beginning a long-delayed trip to China to study the origins of the virus. New York City Mayor Bill de Blasio reaffirmed his goal of doling out 1 million doses by the end of January. Los Angeles, the epicenter of the latest U.S. wave, will turn Dodger Stadium into a mass vaccination center to inoculate as many as 12,000 people a day. ....