• 10-year Treasury yield hits new all-time low as coronavirus rocks markets

Market news

6 March 2020

10-year Treasury yield hits new all-time low as coronavirus rocks markets

CNBC reports that U.S. government debt prices rose again on Friday morning, with yields hitting record lows at the end of a wild week on Wall Street as the coronavirus continues to roil markets.

The yield on the benchmark 10-year Treasury note, which moves inversely to price, touched an all-time low of 0.7530%. The 10-year yield briefly hit an all-time low of 0.6947%. The yield on the 30-year Treasury bond notched a record low 1.3220%.

Wall Street suffered another route on Thursday as disruptions to businesses around the world on the back of the coronavirus outbreak became more apparent, heightening fears of a global economic slowdown.

The latest figures from the World Health Organization (WHO) indicate at least 95,270 cases of the virus worldwide and at least 3,280 deaths.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.