Interest rates fall as investors run for safety during Russia-Ukraine invasion

U.S. Treasury yields saw steeper falls on Thursday morning, after Russia invaded Ukraine. The yield on the benchmark 10-year Treasury note dropped more than 12 basis points to 1.855% at around 7:45 a.m. ET. The yield on the 30-year Treasury bond fell 11 basis points to 2.166%. … Treasury yields dropped as investors flocked to the safe haven asset of government bonds, while gold jumped to its highest level in more than a year. Global markets fell sharply following the news of Russia’s attack on Ukraine.
Source: CNBC – Bonds