Markets bounce back a little as on promise of central bank stimulus
S&P 500 futures rally more than 4%; US treasury yields are up sharply; European shares jump 3%-4%; and Asia ended higher too
10 March 2020 - 14:44
London — Oil and equity markets staged solid rebounds on Tuesday after the previous day’s pummeling, with signs of co-ordinated action by the world’s biggest economies to cushion the economic effect of the coronavirus helping pull investors out of panic mode.
Most benchmark government bond yields also rose from record lows hit the previous day, as hopes for stimulus to support global growth in the face of the epidemic boosted risk sentiment...
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