The yield on the 30-year Treasury bond dropped to a record low in the morning of Asian trading hours on Thursday, breaching the 2% level for its first time, according to Reuters.
That came just a day after the 30-year Treasury bond touched record lows on Wednesday, amid market fears after the closely watched yields on the 10-year Treasury note and the 2-year inverted.
After dipping to levels below 2%, the yield on the 30-year Treasury bond was last at 1.987%. Still, that was higher than the yields on 30-year bonds elsewhere globally. The yield on the 30-year Japanese government bond was at 0.155%, while the rate of the 30-year German bund was at -0.201%.
Read more: CNBC.