Stock markets melt on coronavirus fears, while US treasury yields hit fresh lows
Hopes the epidemic, first detected in China in December, would be over swiftly and economic activity quickly return to normal have been shattered
28 February 2020 - 19:50
New York — Coronavirus panic sent world stock markets tumbling again on Friday, putting them on course for their largest weekly fall since the 2008 global financial crisis, with over $5-trillion wiped from global market value so far this week.
The rout showed no signs of slowing and the ongoing dive for safety sent yields on US government bonds, widely seen as the world's most secure asset, to record lows...
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