US Treasuries fall as part of the yield curve inverts again

  • At 2:40 a.m. ET, the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.5695%, while the yield on the 30-year Treasury bond was also higher at around 2.0125%.
  • The Treasury curve remained inverted on Wednesday, with yields on three-month bills trading above yields on 10-year notes for the second consecutive session.
  • The move is seen by many as a recession signal. It comes as market participants continue to assess the potential economic impact of China’s fast-spreading coronavirus.

(Source: CNBC)