Members of the media watch a monitor showing US President Donald Trump giving a live address on the coronavirus epidemic from the Oval Office, inside the White House, on Wednesday. He announced the suspension of travel from the US to Europe for the next 30 days, excluding the UK. Photo: EPA-EFE Members of the media watch a monitor showing US President Donald Trump giving a live address on the coronavirus epidemic from the Oval Office, inside the White House, on Wednesday. He announced the suspension of travel from the US to Europe for the next 30 days, excluding the UK. Photo: EPA-EFE
Members of the media watch a monitor showing US President Donald Trump giving a live address on the coronavirus epidemic from the Oval Office, inside the White House, on Wednesday. He announced the suspension of travel from the US to Europe for the next 30 days, excluding the UK. Photo: EPA-EFE

Value of US$50 trillion global assets in doubt as coronavirus sucks out US Treasury liquidity

  • Yields in the world’s largest debt market, which have been on a roller-coaster ride, fell below 1 per cent for the first time ever
  • The level of volatility and lack of clarity in Treasuries makes it much harder to make sense of the value of all other assets, says Joshua Younger of JPMorgan Chase

Topic |   Coronavirus pandemic
Members of the media watch a monitor showing US President Donald Trump giving a live address on the coronavirus epidemic from the Oval Office, inside the White House, on Wednesday. He announced the suspension of travel from the US to Europe for the next 30 days, excluding the UK. Photo: EPA-EFE Members of the media watch a monitor showing US President Donald Trump giving a live address on the coronavirus epidemic from the Oval Office, inside the White House, on Wednesday. He announced the suspension of travel from the US to Europe for the next 30 days, excluding the UK. Photo: EPA-EFE
Members of the media watch a monitor showing US President Donald Trump giving a live address on the coronavirus epidemic from the Oval Office, inside the White House, on Wednesday. He announced the suspension of travel from the US to Europe for the next 30 days, excluding the UK. Photo: EPA-EFE
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