9 Aug 2017
US Treasuries: Flight-to-safety pushes yields down
"U.S. Treasury prices banged higher Wednesday on escalating tensions and back-and-forth on threats of war between the U.S. and North Korea, drawing in buyers as investors flee into safe-haven instruments," Reuters said in a recent report.
As of writing, the 10-year T-Bond yield was at 2.246%, down 1.6%, the 2-year T-Bond yield was at 1.335%, losing 2.08%, and the 30-year reference was at 2.827%, falling 1.4%.
- US and North Korean aggression is the main driver today - BBH
- US congresswoman confident Guam protected from N. Korea threat - RTRS