WHO's Tedros: Using word 'pandemic' could amplify unjustified fear and stigma

Eren Sengezer FXStreet

Using the word 'pandemic' carelessly has no benefits and could amplify unjustified fear and stigma, World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus said on Wednesday.

"Using the word 'pandemic' may also signal that we can no longer contain the virus, which is not true," Tedros added.

Risk sentiment

Market sentiment stays mixed on Wednesday following these comments. As of writing, the 10-year US Treasury bond yield was up 1.15% on the day but major European equity indexes were down between 1.1% and 2.1%.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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