When vaccination campaigns stumble, money market rates tumble
- Not often mentioned in the Morning Comment. Never probably. But if we want to gauge the effectiveness of vaccination campaigns in the real world, we will have to keep a close eye on Israel. Not just because it’s a small and relatively dense populated country with groups of – ahem – a certain persuasion who aren’t very inclined to follow lockdown rules. Israel is leading its peers in vaccinating its population against the virus. As we show in the Coronavirus Chart Pack, roughly a quarter of the population has received a single doses of a vaccine. Since Israel only recently approved the Moderna vaccine recently and only a small first batch of doses arrived in the country last week, we can safely assume that citizens received the BioNTech/Pfizer vaccine. What’s more, only a percent of the population received the prescribed two doses.
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