Comment on Stocks sink, bonds soar on fears virus will stunt economy

Stocks sink, bonds soar on fears virus will stunt economy

Stocks slumped and bond prices soared for the second day in a row as fears spread that the widening virus outbreak will put the brakes on the global economy. The losses came a day after the market’s biggest drop in two years. Investors plowed money into bonds, sending the yield on the 10-year Treasury to a record low.

 

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