Treasury yields sink as Wuhan virus outbreak spooks risk markets

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

U.S. government debt prices were sharply higher Tuesday morning after an outbreak of a new strain of coronavirus linked to pneumonia in China sent investors fleeing risk assets.

has killed four people with confirmed cases exceeding 200 ahead of the Lunar New Year holiday, during which hundreds of millions of people are expected to travel.

Late on Monday, Chinese authorities confirmed that the virus is contagious, and experts have called back the economic fallout from the deadly Severe Acute Respiratory Syndrome crisis in 2003.for 2020 from 3.4% to 3.3%. The U.S. growth outlook was revised down to 2.0% from 2.1% in the IMF's October forecast.Auctions will be held Tuesday for $42 billion worth of 13-week Treasury bills and $36 billion in 26-week bills.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wow, the investor class is really that easy to manipulate? And these are the morons basically running the country? No wonder we're a dying civilization.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Deadly China Wuhan virus spreading human to human, officials confirm - Business InsiderChina confirmed that the deadly Wuhan virus sweeping the country can spread from human to human, increasing the risk of an epidemic OMG Every year same ishhh 🤔 JorgeBarrera TheTyee ORCRoseAnne perrybellegarde JustinTrudeau all the 'global travelers' flying about - just a matter of time this 'new' pneumonia hits ALL continents
Source: BusinessInsider - 🏆 729. / 51 Read more »

Deadly China Wuhan virus spreading human to human, officials confirm - Business InsiderChina confirmed that the deadly Wuhan virus sweeping the country can spread from human to human, increasing the risk of an epidemic OMG Every year same ishhh 🤔 JorgeBarrera TheTyee ORCRoseAnne perrybellegarde JustinTrudeau all the 'global travelers' flying about - just a matter of time this 'new' pneumonia hits ALL continents
Source: BusinessInsider - 🏆 729. / 51 Read more »

17 more cases of a mysterious and deadly virus have been detected in China - Business InsiderWuhan, central China, seems to be the origin point of 2019-nCov, a virus that has infected 62 patients and killed two people. This is how World War Z started viriyabot not surprised considering how medieval their awareness is on environmental hygiene.
Source: BusinessInsider - 🏆 729. / 51 Read more »

New cases of deadly coronavirus detected in China ahead of busy new year periodChinese officials confirm that 17 more people are suffering from a deadly new respiratory illness, stoking fears of a wider outbreak ahead of a busy travel season as the country celebrates the Lunar New Year. Note: This is in a country of 3.8 BILLION people. I’m not sure I understand the hysteria. Whereas the flu numbers from last year are horrific. I really, really wish they would do away with crowded, open-air markets where swine & poultry blood run in the streets. It's not a matter of if, but when, the flu virus presents itself again in its devastating H1N1 form.
Source: NBCNews - 🏆 10. / 86 Read more »

US futures point sharply lowerU.S. stock index futures were sharply lower on Tuesday as concerns over a new strain of pneumonia in China spooked risk investment worldwide. -83 handles nowadays is called 'sharply'? That's just a flea on a dog's ass! Impeachment damn it A little lower, definitely NOT sharply lower.
Source: CNBC - 🏆 12. / 72 Read more »

17 More People Diagnosed With Deadly Viral Pneumonia in China62 cases of the novel coronavirus have been identified in the city of Wuhan And WHO said it's OK to travel to China lol.
Source: TIMEHealth - 🏆 121. / 63 Read more »