Secondary bank spreads widen amid coronavirus concern

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Secondary bank spreads widen amid coronavirus concern

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Ncov 2019 covid 19 coronavirus with double exposure of blurry falling financial graphs. Concept of financial crisis due to coronavirus pandemic. 3d rendering | denisismagilov - stock.adobe.com

Concerns over the worsening coronavirus infection rate in Europe sent bank spreads wider on Thursday, as investors avoided taking on risk in the secondary market.

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