- Analytics
- News and Tools
- Market News
- U.S. Treasury prices move higher amid concerns over coronavirus infections, geopolital tension
U.S. Treasury prices move higher amid concerns over coronavirus infections, geopolital tension
CNBC reports that U.S. government debt prices were higher Monday morning as investors searched for so-called safe havens amid concerns over the global economy, the spread of Covid-19 and geopolitical tensions.
The yield on the benchmark 10-year Treasury note fell to 0.574% and the yield on the 30-year Treasury bond dropped to 1.21%. Yields move inversely to prices. This comes on the back of gold prices hitting new records on Monday.
Recent growing Covid-19 infections in certain parts of the world have raised concerns over the prospects for the global economy. India, Hong Kong, as well as certain regions of Europe, have seen spikes in recent days.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
