gold prices hitting new recordsRecent growing Covid-19 infections in certain parts of the world have raised concerns over the prospects for the global economy. India, Hong Kong, as well as certain regions of Europe, have seen spikes in recent days.On the data front, there will be durable goods numbers at 8:30 a.m. ET and Dallas Fed manufacturing figures will be released at 10:30 a.m. ET.
The U.S. Treasury is due to auction $105 billion in 13-week and 26-week bills; $48 billion in two-year notes; and $49 billion in five-year notes.
CH surprisingly increases $10B to buy US debts in May. CH and JP own $3.9T US T bonds. Trump may think about national bankruptcy to steal their money.
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