Friday, March 6, 2020

Friday Evening Links

[Reuters] Coronavirus concerns drag down Wall Street, but indexes eke out weekly gains

[Reuters] Treasuries - U.S. long-dated yields hit all-time lows as virus fears intensify

[Reuters] Oil takes biggest daily dive in over a decade as Russia, OPEC split

[Reuters] G20 finance leaders pledge 'appropriate' fiscal, monetary actions in coronavirus response

[CNBC] VP Pence says 21 people on the Grand Princess cruise ship off California coast have tested positive for coronavirus

[Reuters] Fed needs wider QE mandate to deal with economic downturns: Rosengren

[Reuters] California health officials, cruise passengers await coronavirus test results from idled ship

[CNBC] University of Washington moving all in-person classes to online amid coronavirus outbreak

[Reuters] U.S. may take targeted steps to stimulate economy amid coronavirus: Kudlow

[CNBC] Secretary of State Mike Pompeo accuses China of setting back coronavirus prevention efforts

[The Atlantic] Exclusive: The Strongest Evidence Yet That America Is Botching Coronavirus Testing

[Reuters] Turkey and other emerging markets face coronavirus rating pressure - S&P Global

[Bloomberg] Europe Corporate Bonds Sink Amid Widespread Market Sell-Off

[Bloomberg] Volatility Gauge Tops 50 for the First Time Since Volmageddon

[WSJ] Corporate Debt Fully Joins the Market Turbulence

[WSJ] How It All Started: China’s Early Coronavirus Missteps

[WSJ] Fear Isn’t the Only Driver of the Treasury Rally: Banks Need to Hedge Their Mortgages