Global Stocks Fall as Treasurys Advance

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Global Stocks Fall as Treasurys Advance
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'Globally, as a whole, the Covid-19 situation is worsening,’ one analyst says. ‘Investors are getting more panicky.’

By early afternoon in Hong Kong, the yield on the benchmark 10-year U.S. Treasury note fell to 0.580%, after settling on Wednesday at 0.630%. The rally brought the yield nearer to last month’s record closing low of 0.

501%. Bond yields fall as prices rise.
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