U.S. government debt prices were higher on Thursday morning as the death toll resulting from the China coronavirus continues to rise.
The death toll from the pneumonia-like illness originating out of Wuhan, China, rose to 17 on Wednesday, with 571 cases now detected throughout Asia and as far away as the U.S.to determine whether to declare a global health emergency and devise a plan to contain the outbreak.Chinese Treasury futures surgingOn the data front, initial and continuing jobless claims figures are due out of the U.S. at 8:30 a.m. ET.
Auctions will be held Thursday for $40 billion worth of four-week Treasury bills and $40 billion worth of eight-week bills.
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