Another downward swing on Wall Street - World Socialist Web Site
▻https://www.wsws.org/en/articles/2020/03/06/mark-m06.html
Wall Street had another turbulent session yesterday with market indexes down by more than 3 percent after a surge on Wednesday, fuelled in large measure by the market’s appreciation of the victory of former US Vice-President Joe Biden in the Super Tuesday Democratic primary elections.
The market fall was accompanied by a further decline in bond market interest rates. The yield on the 10-year US Treasury bond fell to a new record low of 0.9 percent, while the yield on the 30-year Treasury bond dropped to 1.55 percent, also a record low.