Risk Off as Mutant, More Infectious Covid-19 Strain Emerges in U.K.

An out-of-control strain of Covid in Great Britain has elicited new travel restriction by many continental European governments, a big sell-off in European stocks and U.S. stock futures, lower sovereign debt yields, a drop in oil prices exceeding 3.0%, and an intra-day 1.4% rebound in the trade-weighted dollar.  The other pieces of adverse Covid news […]

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