How badly is the coronavirus epidemic damaging the global economy? How much is the resulting COVID-19 illness hurting U.S. businesses and consumers? Here’s an ongoing MarketWatch update on what the economic VIPs are saying. • The Federal Reserve on Tuesday cut a key U.S. interest rate by 1/2 a percentage …
Read More »Treasurys, Dow tank as virus fear spreads
The 10-year Treasury note yield is trading at record lows this week as the Dow Jones Industrial average slipped into correction territory. The Dow was expected to drop even further at the start of trading Friday morning with futures pointing to at least a 400-point dip. This is the worst …
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