Today we are taking a look at:

  • Risk assets trade well, with SAGB yields sharply lower
  • Fed leaves rates on hold
  • Oil resumed declines as investors weighed the threat of supply disruptions in the Mideast against rising U.S. inventories
  • Global equity markets experienced choppy trading as concerns of the coronavirus’s effect on the global economy came to the fore with several global companies suspending operations at their China offices
  • Fed FOMC keeps rates steady but maintains that monetary policy is supportive of its 2% inflation goal, and continued economic expansionDailyMarketCommentary200130

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