US treasury yields tumble amid ongoing Russia-Ukraine crisis
Treasury rates fell as investors raced to government bonds as a safer asset,
By Ishika Dangayach
Published - Feb 24, 2022, 04:16 PM ET
Last Updated - Nov 06, 2023, 03:08 AM EST
• 10-year treasury notes plummet to 1.88 %
• 30-year treasury yields slide to 2.20 %
The treasury yield in the United States dropped early Thursday after Russia’s invasion of Ukraine.
The yield on the benchmark 10-year Treasury notes dropped to 1.88 %. The 30-year Treasury yield ticked down to 2.20 %. Yields move in the opposite direction of prices, and one basis point equals 0.01 %.
