10-year Treasury yield drops to record low of 1.32% as coronavirus hits the global economy
Companies, agencies, institutions, etc
InThe
Treasury
Janney Montgomery Scott
The Centers for Disease Control and Prevention
National Economic Council
CNBC
Fed
CME
Goldman Sachs
Deutsche Bank
CNBC LLC
All Rights Reserved
Division
NBCUniversalData
Global Business and Financial News
Market Data and Analysis
People
Mark Luschini
Larry Kudlow
Richard Clarida."The
J.P. Morgan
Jay Barry
ease."Kudlow
Thomas Franck
Michael Bloom
Jesse Pound
Groups
Americans
Physical locations
the Middle East
Places
No matching tags
Locations
U.S.
the United Kingdom's
Brexit
Italy
South Korea
Reserve
China
Events
No matching tags
Summary
The Dow Jones Industrial Average was down more than 900 points at its session low after suffering its worst day of losses in two years in the previous session.National Economic Council Director Larry Kudlow told CNBC that the U.S. has "contained" the coronavirus and it will likely not be an "economic tragedy."Federal Reserve officials see the coronavirus as a significant threat to growth, but the extent of that is not known yet, according to Vice Chairman Richard Clarida."The disruption there could spill over to the rest of the global economy," Clarida said Tuesday.
As said here by Yun Li