Benchmark 10-year Treasury yield falls to nearly 3-year low as investors flee to safer assets
The U.S. 10-year Treasury yield, which influences mortgages and other loans, fell 10 basis points on Monday, hovering close to a nearly three-year low.
Financial markets tumbled as U.S.-China trade friction prompted a stampede into relative safe harbors, including bonds, gold and the Japanese yen. The panic is seen spreading to Wall Street, with futures signaling sharp losses in their benchmark indices. surged higher Monday morning, as global growth worries and an intensifying trade war between the world's two largest economies drove investors toward safe-haven assets.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10 Fashion Insiders on the Most Comfortable Flats They Love to WearRetail fashion directors, stylists, designers, and, of course influencers, weigh in.
Read more »
10 of the cruelest things anyone can say to a mom struggling to breastfeedWhen you're struggling to breastfeed your baby, hearing things like, 'Women have been breastfeeding since the dawn of time!' is just not helpful.
Read more »
10 Gentle Shampoos for Every Hair TypeSulfate-free formulas that are as mild as they are effective.
Read more »
These Are The 10 Least Stolen Cars On The RoadPopular with motorists, they’re the models most shunned by thieves.
Read more »