Global bond yields hit multiyear lows, a sign of growing investor fears that global economic growth is set to weaken
Government bond yields around the world plumbed new multiyear lows Tuesday, a sign of growing investor worries that global economic growth is poised to weaken.
The yield on the benchmark 10-year U.S. Treasury note, a key reference rate that helps set borrowing costs for everything from student loans to mortgages, traded at a recent 2.273%, according to Tradeweb, on track to settle at a fresh 19-month low. The yield on the 10-year German bund touched its lowest level since July 2016. Yields fall as bond prices rise.
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