Coronavirus: Market jitters continue as fears outweigh reassurances from policymakers
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Global stocks have tumbled again and are looking set to cap an extremely volatile trading week in the red. Markets have been on a wild ride with big ups and downs as policymakers scramble to curtail the economic impact of the ongoing coronavirus outbreak. The yield on the benchmark 10-year US Treasury bond has hit an all-time low as traders turn to safer investments. With travel cancellations and supply chain disruptions, the oil market has also been under pressure. OPEC is hoping Russia will agree to deeper supply cuts.
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