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3 Mar 2020
US Pres Trump: Coronavirus spread isn't necessarily inevitable, Fed rate still too high
US Pres Trump is crossing the wires and has stated that he Coronavirus spread isn't necessarily inevitable. He also says that the Fed rate is still too high.
This statement follows the S&P 500 down 99 points and the 10-year Treasury yield dropping below 1% for the first time in history as uncertainty grips financial markets.