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Tuesday, February 25, 2020
10-year Treasury yield drops to record low of 1.32% as coronavirus fears rise
The yield on the benchmark 10-year Treasury note, which moves inversely to price, fell about more than 5 basis points to 1.32%, below its previous record low of 1.325% set on July 6, 2016 in the aftermath of Brexit.
The yield on the 30-year Treasury bond tumbled more than 3 basis points to a new all-time low of 1.798%. The long-duration rate has plunged about 40 basis points this year.
https://www.cnbc.com/2020/02/25/treasury-yields-climb-from-record-lows-after-coronavirus-plunge.html?__source=sharebar|twitter&par=sharebar
Coronavirus latest news: disease spreads across Europe into Switzerland, Croatia and Austria
A fresh batch of cases have been declared across Europe, as the number of coronavirus infections continue to rise in Italy.
Switzerland, Croatia and Austria have all confirmed their first cases.
Meanwhile 1,000 holidaymakers staying at a hotel in Tenerife are under lockdown after an Italian tourist tested positive and the first possible case in mainland Spain was flagged earlier this afternoon.
https://www.telegraph.co.uk/global-health/science-and-disease/coronavirus-news-uk-italy-china-south-korea-pandemic/
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