Wednesday's News Links

[CNBC] Stocks rise as investors bet on the economy reopening

[Reuters] Treasuries - Long-dated yields jump as Treasury increases auction sizes

[Reuters] Euro falls amid worries about ECB bond-buying 

[Reuters] Lira falls as Turkey seen short of options on reserves

[CNBC] US private payrolls drop by 20.2 million in April, the worst job loss in the history of ADP report

[Reuters] U.S. Treasury launches 20-year bond; increases offering sizes amid record borrowing

[CNBC] Coronavirus live updates: Global cases top 3.6 million, Trump says more deaths inevitable

[Yahoo/Bloomberg] Bond Traders Read Clear Message from ECB Ruling: ‘Watch Out’

[Reuters] Germany's Bundesbank will have to shoulder the ECB's legal fight - sources

[Reuters] Our way or no way? German ECB ruling rocks EU foundations

[Yahoo/Bloomberg] Turkey Boosts Lira Defenses as Currency Nears Record Low

[Yahoo/Bloomberg] Biggest Bailouts Yet Spark a Crisis of Confidence in Capitalism

[Yahoo/Bloomberg] Brazil Central Bank’s Historic Easing Faces Drawbacks Ahead

[Reuters] China says HK will never be calm unless violent protesters removed

[Bloomberg] Euro Area’s Survival Is Threatened by Uneven Pandemic Shock

[Bloomberg] Euro’s Outlook Darkens After ECB Court Ruling Hurts Confidence

[Bloomberg] U.S. Meat Workers Are Quitting as Virus-Ridden Plants Reopen

[Bloomberg] India’s Ailing Credit Market Shows the Limits of Central Bankers

[WSJ] U.S. Pushes EU to Back Inquiry Into China’s Handling of Coronavirus

[WSJ] Law Firms Gear Up for Expected Jump in Bankruptcies Triggered by Coronavirus

[FT] German court ruling casts doubt on European monetary policy

[FT] Brussels warns coronavirus crisis threatens eurozone’s stability

[FT] What next in Karlsruhe vs ECB?

[FT] Roach: A return to 1970s stagflation is only a broken supply chain away

[FT] Companies are dangerously drunk on debt

[FT] Empty US hotels increase pressure on debt investors

[FT] Debt relief: which countries are most vulnerable?