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Stock Selloff Deepens, Bonds Climb on Virus Spread: Markets Wrap

By

Rita Nazareth

and

Robert Brand

‎July‎ ‎18‎, ‎2021‎ ‎15‎:‎23 Updated on ‎July‎ ‎19‎, ‎2021‎ ‎8‎:‎27

• Treasury 10-year yields drop to lowest level since February
• U.S., U.K., allies tie Chinese government to Microsoft hack

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HSBC’s King Says Investors Buying Bonds as ‘Catastrophe Insurance’

HSBC’s King Says Investors Buying Bonds as ‘Catastrophe Insurance’

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WATCH: HSBC’s Stephen King says investors are buying bonds as insurance “in case it all goes horribly wrong.”