Bonds

Middle Eastern stocks plunged on Sunday, with Kuwait falling the most, as the spread of coronavirus stoked fears that outbreak could hurt the global economy and oil prices.

U.S. equity markets just suffered their steepest weekly drop since the financial crisis.

Already lower mortgage rates could continue to slide giving the consumer an advantage.

Some investors don't think the U.S. economy is out of the woods, and the virus's spread outside of China has heightened worries.

Investors plowed into safe-haven assets Monday morning as the spreading coronavirus caused investors to dump stocks and move into the safety of gold and U.S. Treasurys.

U.S. equity futures are pointing to a large decline in stocks on Monday morning on concerns about the spread of coronavirus outside China, with Italy, South Korea and Iran seeing a big jump in infections.