CIO Market Update with Will Bartleet
CIO and multi-asset portfolio manager at Pacific Asset Management
UK Prime Minister Boris Johnson returned to office after recovering from COVID-19 and warned the nation that ending the lockdown now would risk a “second spike”.
Italy has announced a schedule to reopen its economy.
New York City is planning to close 40 miles of streets to increase the amount of space that pedestrians have in order to maintain social distancing.
Researchers in Wuhan, China found that COVID-19 remains in the air of spaces that lack ventilation; it didn’t attempt to establish whether airborne particles could cause infections. A study in The Coalition for Epidemic Preparedness Innovation which is funding nine coronavirus vaccine projects is hopeful a vaccine might be available this year, faster than previously estimated due to collaboration amongst researchers. The Bank of Japan announced that JGBs will be purchased without limits and that it won’t let 10-year bond yields rise.
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