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10-year US bond yield slumps below 1.5%

10-year US bond yield slumps below 1.5%

Saturday, February 22, 2020, 7:54 AM

U.S. Treasury yields were down on Friday as mounting concerns about the economic impact of the coronavirus epidemic drove investors into safe-haven assets. The benchmark 10-year yield was down 6.9 basis points in morning trade at 1.4561%. Analysts said the breach of the barrier showed investors' growing concern as cases of the virus mount beyond China, including in South Korea and Japan.
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