Equities slide, bonds rise, on Fed warning of prolonged recession
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NEW YORK (Reuters) - Stock markets slid on Wednesday as fears about a second wave of coronavirus infections and as warnings from Federal Reserve Chairman Jerome Powell that the U.S. faces a "significantly worse" recession than any since World War II weighed on investor sentiment and boosted safe-haven bonds.Powell's comments come as parts of the global economy are starting to reopen following a deep freeze aimed at curbing the spread of the virus that has pushed unemployment rates to their..