by Rachel Poole | Feb 29, 2020 | Weekly Market Update
Market Action Global equities fell dramatically this week as the coronavirus spread outside of China at a high rate, and fears of a global recession skyrocketed. US stocks had their worst week since the 2008 financial crisis. The S&P 500 index experienced the...
by Rachel Poole | Feb 22, 2020 | Weekly Market Update
Market Action Re-emerged fears over the spread of the coronavirus seem to be the cause of the fall of global equities this week. The yield on the US 10-year Treasury note fell 11 basis points to 1.46% while the yield on the US 30-year Treasury bond hit a record low of...
by Rachel Poole | Feb 15, 2020 | Weekly Market Update
Market Action Global equities were stronger on the week while the yield on the US 10-year Treasury note dropped two basis points to 1.57%. The price of a barrel of West Texas Intermediate crude oil increased to $52.00 from $50.65 last week. Volatility, as...
by Rachel Poole | Feb 8, 2020 | Weekly Market Update
Market Action Global equities improved on the week as fears of a coronavirus pandemic that would cripple economic growth began to subside. The yield on the US 10-year Treasury note rebounded to 1.59% from 1.53%. However, the price of a barrel of West Texas...
by Rachel Poole | Feb 1, 2020 | Weekly Market Update
Market Action Global equities struggled this week as worries over the coronavirus spread faster than the virus itself. Anxiety about the outbreak caused the yield on the US 10-year Treasury note to fall 17 basis points to 1.53%, as the yield curve flattened....
by Rachel Poole | Jan 25, 2020 | Weekly Market Update
Market Action Global equities saw little change this week while the opposite can be said for the yield on the US 10-year Treasury note. Investor concern over the rapidly spreading coronavirus outbreak which could inhibit global growth sent the yield on the US...