10-year Treasury yield falls to lowest since October as coronavirus fears deepen

The benchmark 10-year Treasury yield hit its lowest level in more than three months as investors grew increasingly concerned about the economic impact of the fast-spreading coronavirus.
The yield on the 10-year Treasury note… was lower at around 1.609%, while the yield on the 30-year Treasury bond was also lower at around 2.058%. The 10-year Treasury yield touched a low of 1.603% in the session, its lowest level since Oct. 10.
Chinese officials confirmed Sunday that there had been more than 2,700 confirmed cases of the deadly pneumonia-like virus, including 461 people in a critical condition as the death toll rose to 80.
(Read more: CNBC and Wall Street Journal.)