Treasury yields climb off historic lows as markets attempt to stabilize

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

U.S. government debt prices were lower on Tuesday morning as investors make a tentative re-entry into risk assets following Monday's mass sell-off.

The historic flight to bonds seen in recent days started with concern over the, which has now infected at least 110,029 people worldwide and caused at least 3,817 deaths, according to the latest World Health Organization figures.

This risk-off sentiment was compounded by plunging oil prices on Monday as the 14 oil-exporting countries of OPEC and ally Russia seeminglyattempted stock market recovery on Tuesday after President Donald Trump floated the idea of a "payroll tax cut or relief" to offset the coronavirus impact, following a 2,000 point plunge for the Dow Jones industrial average and the worst day for the S&P 500 since the financial crisis.

Redbook data for last week is expected at 8:55 a.m. ET on Tuesday. And an auction will be held for $38 billion in three-year Treasury notes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

thirdrowtesla Looks like the guy on the right is being choked ~

craters hard to dig out of

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

10-year Treasury yield plunges below 0.5%The yield on the benchmark U.S. 10-year Treasury briefly touched an all-time low of 0.499% in overnight trading. olgaNYC1211 WOW olgaNYC1211 Wow. Very breaking, no article. Ouch! Retreat to stocks!!! Gold, cash!
Source: CNBC - 🏆 12. / 72 Read more »

Dow set to open with decline of 1,300 points as markets craterDEVELOPING: Markets around world plunging Monday, as oil price war adds to coronavirus fears. Dow set to open with another sharp decline around 1,300 points; 10-year Treasury yield was pushed to an all-time historic low of 0.3% by early morning. Holy shit!! Thanks for the fear mongering. The election year October Surprise has sprung forward to become the March Surprise. Looks like we turned our clocks ahead more than an hour to impact realDonaldTrump.
Source: NBCNews - 🏆 10. / 86 Read more »

Indonesia readying measures to stabilize financial markets - finance ministerIndonesia Finance Minister Sri Mulyani Indrawati said on Tuesday that authoritie... COVID-19 can spread 4. 5 meters in enclosed, air-conditioned vehicle They’re trying to off you Donnie 😉😁
Source: Reuters - 🏆 2. / 97 Read more »

Market Down But Off Lows As Trading ResumesUPDATED with trading resumed: The selling pressure on stocks continued but indexes are off their lows after trading resumed. It was halted for 15 minutes as the S&P fell 7% at the opening, trig…
Source: DEADLINE - 🏆 109. / 63 Read more »