Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Stocks sink, bonds soar on fears virus will stunt economy


February 26, 2020

Richard Drew – Associated Press

Specialist Erica Fredrickson works with a colleague on the floor of the New York Stock Exchange.

Stocks fell sharply again on Wall Street Tuesday, piling on losses a day after the market's biggest drop in two years as fears spread that the growing virus outbreak will put the brakes on the global economy.

Nervous investors snapped up low-risk U.S. government bonds, sending the yield on the 10-year Treasury note to a record low.


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