‘Work from home’ risks disrupting funding markets


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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

disrupting , dund , distribution , Morgan Stanley , US , treasuries ,

   

Next In Business

FBM KLCI remains in bullish mode on US corporate results beat
Wall St closes higher as investors digest earnings
Oil rises as dollar slips, focus shifts to economic data
Trading ideas: MAHB, Capital A, Chin Hin, Cypark, Gadang, Comfort Gloves, HHRG, Haily
DXN 4Q net profit jumps 43%
Axis-REIT shows improved quarterly performance
Medical tourism to bolster private hospital growth
Crest Builder unit bags RM486mil job
Topmix makes Bursa debut with 32% premium
SERC has positive outlook on exports this year

Others Also Read