Equities retreat as US banks brace for bad debts
Distressed debt investors see opportunity.
NBR staff
Thu, 16 Apr 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The skittishness of the markets was again in evidence overnight as investors pulled back from equities and sought safety in sovereigns, pushing the yield on 10-year Treasury bonds sharply down.
By early afternoon New York time the S&P500 was down 1.7%, following a 3.3% drop in London’s
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NBR staff
Thu, 16 Apr 2020
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
