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US: 10-year T-bond yield erases greater than three%, drops to recent 12-month low

With buyers persevering with to flee to safer U.S. Treasury bonds amid issues over a world financial slowdown, yields prolong declines on Thursday. As of writing, the 10-year reference is shedding three.25% on the day to its lowest degree since January 2018 at 2.575% whereas the 2-year and the 5-year references are down three.four% and four.2%, respectively. Lastly, the long-term 30-year bond yield is at 2.903%, erasing 2.65%. 


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