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US 30-year Treasury yield drops to lowest since September

7 monthes ago   |   By FXCM

The US 30-year bond yield slipped to multi-month lows on Thursday on haven demand.
Coronavirus fears and stock market losses likely forced investors to put a bid under Treasuries.
The yield on the US 30-year Treasury note fell to the lowest level in four months on Thursday as investors bought the safe-haven bonds on concerns the coronavirus is spreading outside China.
The yield declined from 2.02% to 1.957% - the lowest level since September - and was last seen at 1.963%. Further, the spread between the 10-year and three-year yields turned negative, inverting the yield curve.
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