This translation has been automatically generated and has not been verified for accuracy.The Federal Reserve’s latest measures to address economic fallout from the spreading coronavirus improved U.S. Treasury market liquidity on Monday, but a growing number of market participants fleeing trading floors for home may be slowing things down.
“However, the day-to-day volatility will continue to be driven by uncertainty around the coronavirus impact itself,” he added. Stan Shipley, fixed income strategist at Evercore ISI in New York, cited improvement. “Are things better with the Fed doing what they do? Yes,” he said.
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