CNBC reports that U.S. government debt prices were higher Monday, with investors increasingly concerned about the economic impact of the fast-spreading coronavirus

The benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.6530%, while the yield on the 30-year Treasury bond was also lower at around 2.106%.

Chinese officials confirmed Sunday that there had been more than 2,700 confirmed cases of the deadly pneumonia-like virus, including 461 people in a critical condition as the death toll rose to 80.

The virus, which started in the Chinese city of Wuhan, comes from a large family of coronaviruses, according to the World Health Organization (WHO). The WHO has said that while the virus - which is spreading via human-to-human contact - is "an emergency in China," it has not yet become a global health emergency.