GLOBAL MARKETS-Oil crash pummels stocks and bond yields; dollar rises [Reuters]
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Source: Reuters
GLOBAL MARKETS-Oil crash pummels stocks and bond yields; dollar rises * Wall St stock indexes tumble; dollar rises * Gold falls as investors need cash to cover losses * U.S. Treasury yields fall as investors seek shelter * Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh (Updates prices after U.S. open, adds commentary, changes byline, previous dateline London) By Sinéad Carew NEW YORK, April 21 (Reuters) - Stock markets around the world fell on Tuesday, as oil prices hit a two-decade low a day after some U.S. crude oil futures turned negative for the first time ever, underlining worries about deep economic damage from the coronavirus pandemic. While gold is often seen as a safe haven bet, that commodity also declined on Tuesday as investors favored cash. Investors rushed to buy bonds, which pushed down U.S. Treasury yields, with the five-year note hitting a new record low as the difficulties of restarting the U.S. economy sank in. June oil futures plunged, as the panic that sent U.S
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