U.S. Treasuries fall on fresh virus concerns

The U.S. 10-year Treasury yield is trading moderately lower this week on fresh concerns over a new COVID-19 strain which boosted demand for government bonds. Fundamental analysis: Risk sentiment volatile Reports about a new and a more transmissible coronavirus variant in the United Kingdom spooked investors earlier this week. The U.K. PM Boris Johnson said that the better part of the country is set to face stricter lockdown measures during Christmas holidays, while a number of other nations have immediately closed their borders to Britain.  Investors were concerned that risks of new lockdowns and business shutdowns could curb the economic