Cases Surpass 100,000; Pompeo Hits Out at China: Virus Update

(Bloomberg) — The number of coronavirus cases globally exceeded 100,000 after more infections were reported in Europe and Iran revealed another spike. U.S. Secretary of State Mike Pompeo hit out at China, saying it was frustrating to work with the Communist Party.The rally in bonds gathered steam. Thirty-year Treasury yields plunged below 1.5% for the first time and yields on the 10-year fell to a record. European stocks hit a fresh low for the year and U.S. futures slumped, pointing to another day of losses.Key Developments:Sovereign bond yield collapse shows world in crisis modeSenior EU diplomats’ meeting canceled in BrusselsBofA …read more

Source:: Yahoo Finance

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