Coronavirus fall-out tests investors' nerves

Coronavirus fall-out tests investors' nerves

Deaths from coronavirus (Covid-19) stand at 2,858 – a tragic loss of life but dwarfed by historic pandemics. Before this week, the positive narrative that buoyed risk assets was predicated on the absence of sustained outbreaks outside of China, but on the back of a surge in Italy (647 cases as of 28 February) and South Korea (2,337), shares have sold off strongly and a flight to quality is illustrated by the yield on 10-year US treasuries falling to just under 1.2 per cent.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now