Equities retreat as US banks brace for bad debts
Distressed debt investors see opportunity.
NBR staff
Thu, 16 Apr 2020
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
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