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Treasury yields slide amid fear of new COVID-19 restrictions in Europe

September 21, 2020

U.S. Treasury yields fell early Monday as a global stock-market selloff bolstered demand for haven assets such as government bonds, amid renewed worries over the spread of COVID-19.

What are Treasurys doing?

The 10-year Treasury note yield TMUBMUSD10Y, 0.656% fell 3 basis points to 0.664%, while the 2-year note rate TMUBMUSD02Y, 0.116% was steady at 0.137%. The 30-year bond yield TMUBMUSD30Y, 1.400% slipped 4.7 basis points to 1.405%. Bond prices move inversely to yields.

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