Reported about 6 hours ago
US government bond yields have reached new multi-month lows as worries about economic growth and mixed manufacturing survey results escalate. President Trump's impending tariffs on Canada and Mexico contributed to market unease, prompting investors to seek the safety of Treasuries. The recent ISM manufacturing data indicated unexpectedly weak orders and employment, further weighing on investor confidence. As a result, the 10-year Treasury yield fell below 4.16%, with economic forecasts for Q1 growth being revised downward.
Source: YAHOO