10-year yield hits lowest level since March as historic oil plunge stokes fears about the economy

U.S. government debt prices were higher Tuesday morning, after a historic oil price plunge stunned market participants in the previous session.
At 2:45 a.m. ET, the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 0.6130%, while the yield on the 30-year Treasury bond was also lower at around 1.2152%.
It comes after U.S. oil prices tumbled below zero for the first time on record, with crude storage facilities filling rapidly and as the coronavirus crisis ravages demand.
(Read more: Bonds)