Treasury yields fall to their lowest levels since lockdowns started loosening as investors seek safe assets amid rising coronavirus cases
Long-term Treasury yields fell Friday to their lowest levels since lockdowns started loosening, as investors sought safe assets amid rising coronavirus cases.
The yield on the 30-year Treasury fell to 1.256%, its lowest since April 29, and the yield on the 10-year Treasury hit 0.578%, its lowest since April 21. The spread between the two is the narrowest since May 14, at 0.679 percentage points, according to Tradeweb. Bond prices rise when yields fall.
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