US government bond yields tumbles sharply with short-dated debt dropping up to 20 basis points due to global safety demand. The benchmark 10-year Treasury yield dropped below 5% to trade around 4.97% in Asian markets as the inverse relationship with AI tech stocks strengthened.
US Treasuries Surge as Yields Fall Below 5% Amid Risk-Off Sentiment
Read the full report at Bloomberg Tech.
US TreasuriesBondsYield CurveRisk-off