(Recasts, adds Treasury official quotes) By Marcela Ayres and Jamie McGeever BRASILIA, March 25 (Reuters) – Brazil will issue more short-term bills to meet demand from increasingly risk-averse investors, and has put any plans to issue a 20-year bond this year on the back burner due to global market volatility, a senior Treasury official said on Wednesday. The Treasury may […]
Read more* Italy/Germany bond yield gap well off highs * U.S., European fiscal stimulus give heart to investors * But lock downs could severely hurt global economy * Eurozone periphery bond yields tmsnrt.rs/2ii2Bqr (Adds Coronabond comments from ECB’s Lagarde, quote, updates prices) By Abhinav Ramnarayan LONDON, March 25 (Reuters) – Eurozone government bonds steadied on Wednesday after policymakers in Europe and […]
Read moreNEW YORK (BLOOMBERG) – Major US retail and restaurant chains, including Mattress Firm and Subway, are telling landlords they will withhold or slash rent in the coming months after closing stores to slow the coronavirus, according to people familiar with the situation. In a brewing fight, chains are calling for rent reductions through lease amendments and other measures starting in […]
Read more(Adds detail, tasks and Hancock quote) LONDON, March 24 (Reuters) – Britain is looking for 250,000 volunteers to help the National Health Service (NHS) and vulnerable people hit by the coronavirus crisis, health minister Matt Hancock said on Tuesday. “We are seeking a quarter of a million volunteers, people in good health, to help the NHS, for shopping, for delivery […]
Read moreLONDON, March 24 (Reuters) – The U.S. Federal Reserve’s efforts to shield the economy from the effects of the coronavirus have — for now – slowed a scramble for dollars that threatened to clog funding markets. The dollar had gained almost 9% in 11 days in the rush for cash, but it fell on Tuesday, at one point to its […]
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