10-year Treasury yield falls on deteriorating risk sentiment

The yield on the 10-year Treasury bond has continued to contract after slipping to 0.758% today. In the meantime, it seems that Japanese life insurance companies are coming back to the domestic bond market as yield gaps between them and foreign rivals narrow as a result of the coronavirus pandemic. Fundamental analysis: The pandemic sends shares and yields lower U.S. Treasury yields are headed lower today on increased risks related to the spikes in new coronavirus cases. “Treasuries bull flattened further overnight as global risk assets came under pressure on renewed lockdown momentum in Europe,” Ian Lyngen, BMO’s head of