US Treasury Yields Decline Amid Increased Demand

US Treasury yields declined on Monday, as risk aversion and selling pressures in stock markets led more investors towards safe havens, thus, increasing demand.

Return on the 10-year Treasury notes decreased by 2.4 basis points to 0.670%.

The yield on the 30-year bond plunged by 2.7 basis points to 1.426%.

Meanwhile, return on the two-year note stabilized at 0.135%.