Thursday, March 12, 2020

Friday's News Links

[CNBC] The Fed to start buying Treasurys Friday across all durations, starting with 30-year bond

[Reuters] Stocks bounce back after pandemic-driven carnage

[Reuters] World stocks rise on spending hopes, still 

[Reuters] Nikkei plunges as much as 10% as market panic deepens; REITs pounded

[Reuters] Oil prices set for biggest weekly drop since 2008

[Yahoo/Bloomberg] Germany Pledges Unlimited Cash as EU Set to Green Light Spending

[Reuters] Central banks flash the cash as market panic drives liquidity squeeze

[AP] Pelosi, White House near agreement on coronavirus aid bill

[Reuters] China pumps $79 billion into economy with bank cash reserve cut

[CNBC] Cryptocurrencies see $93.5 billion wiped off value in 24 hours as bitcoin plunges 48%

[Reuters] Coronavirus hits politicians, sports and showbiz stars as it spreads across globe

[Reuters] U.S. 'China-bashers' seek to gain from China's coronavirus woes - China Daily

[Reuters] China government spokesman says U.S. military may have brought virus to China

[Bloomberg] Asian Central Banks Inject Funds to Calm Virus-Hit Markets

[Bloomberg] Italy’s Visco Says ECB Can Front-Load Bond Purchases If Needed

[Bloomberg] ‘This Is All Coming to a Head’: Investors React to Market Chaos

[Bloomberg] About Half of Cruise Virus Cases Asymptomatic, Study Suggests

[WSJ] Investors Are Bailing on Stock Funds at Near-Record Pace

[WSJ] Investment-Grade Bonds Could Turn to Junk Amid Global Rout

[WSJ] U.S. Hospitals Face Major Challenges as Coronavirus Spreads

[WSJ] Economists See Rising Risks of Recession World-Wide

[FT] ECB enters damage-limitation mode with pledge of more action

[FT] Markets contemplate a future in which stimulus does not work

[FT] Cost of US corporate default protection soars