Treasury yields fall as economic impact of the coronavirus pandemic comes into focus

The International Monetary Fund on Tuesday warned that the global economy in 2020 will likely suffer itsStateside, signs that the pandemic is slowing gave risk assets a boost on Tuesday, offering hope that the economy could reopen sooner than initially feared.

However, the U.S. reported a new record number of daily deaths Tuesday, and the first batch of corporate earnings highlighted the dire consequences of worldwide economic shutdowns. On the data front, U.S. retail sales for March are due at 8:30 a.m. ET, before manufacturing and industrial production figures at 9:15 a.m. ET.

Auctions will be held Wednesday for $30 billion of 103-day Treasury bills and $30 billion of 154-day bills.

Powell looks so different here? Lol

Yalls headlines are awful. In the same CNBC app y’all’s headlines will say “Coronavirus case number declines push stocks up” at the same time as a headline that says “continued covid fears cause market fear”.

This bubble is geauxing to burst

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Treasury yields rise with oil deal, hopes for coronavirus peak in focusU.S. government debt prices were lower Tuesday morning as investors react to optimism from policymakers that the coronavirus pandemic may have reached its peak. Вы верите в это? New Coronavirus If the infection peaks out, The economy will soon come back. United States is strong. The economy will recover quickly. Do you buy cheap stocks now? Or, After the economy has recovered Do you buy high stocks? Don't lose to China.
Source: CNBC - 🏆 12. / 72 Read more »