HONG KONG: The impact of the coronavirus outbreak on Wall Street may worsen trading conditions for one of the world’s most liquid and important assets: US Treasuries.
So say strategists at JPMorgan Chase & Co, who warn that overwhelmed dealer-banks in an extreme scenario could be flooded with an extra US$300bil worth of US government debt.
Already a subscriber? Log in
The Star 6.6 DEAL: 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
