US treasury yields plunge as Russia-Ukraine war accelerates
The Treasury yield fall was exacerbated by rising tensions between Russia and Ukraine. The Russian invasion of Ukraine is already in its second week. According to reports, the city of Kherson is under the hands of both sides. Despite Russian attempts to take control of Kyiv, the capital of Ukraine it remains under Ukrainian authority
By Ishika Dangayach
Published - Mar 03, 2022, 12:46 PM ET
Last Updated - Feb 17, 2024, 10:00 PM EST
• 10-year treasury notes plummet to 1.859 %
• 30-year treasury yields slide to 2.231 %
The treasury yield in the United States dropped Thursday as the Russia-Ukraine war intensified.
The yield on the benchmark 10-year Treasury notes dropped to 1.859 %. The 30-year Treasury yield little changed to 2.231 %. Yields move in the opposite direction of prices, and one basis point equals 0.01 %.
