Bonds boom as coronavirus deteriorates

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The bond boom is back:

Driving equites higher as China updates us on its new plague:

  • 440 cases with 9 deaths so the 2% mortality rate continues;
  • there are lot’s of new measures to contain Wuhan and new reporting mechanisms for Chinese cities but it sure looks like it’s escaped the net to me:
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.