Treasury yields slide as Russia invades Ukraine 

• The Investors piled into U.S. government debt on Thursday, pushing Treasury yields sharply lower after Russia invaded Ukraine in the biggest attack by one country against another in Europe since World War Two. 
• Ukraine reported columns of troops pouring across its borders from Russia and Belarus, and landing on its coast from the Black and Azov seas, as missiles rained down on Ukrainian cities. World stock markets fell as the news pushed investors into safe havens such as U.S. Treasuries and gold. The U.S. dollar strengthened more than 1% and oil prices jumped more than 7%. 
• The yield on 10-year Treasury notes fell 8.1 basis points to 1.896% after earlier touching 1.846%. The benchmark note had been on track for its biggest daily drop since late November. A closely watched part of the yield curve measuring the gap between yields on two- and 10-year Treasuries, seen as an indicator of economic expectations, was at 40.4 basis points.

(Source: Reuters)