Stock Sell-Off Deepens; Bond Yields See Record Low: Markets Wrap

(Bloomberg) — The worldwide stock sell-off extended on Thursday, sending a global benchmark heading for its lowest close since October, while government bond yields sank to record levels.The MSCI All-Country World Index fell for a sixth straight day, with Japan leading losses at over 2% down. Futures on the S&P 500 tumbled as much as 1.6%, after declines in the index had eased some on Wednesday, and European contracts slumped. The yen rose, and 10-year U.S. and Australian yields hit fresh record lows. With the number of coronavirus cases mounting outside China, investors have yet to see the signs of …read more

Source:: Yahoo Finance

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