Treasury yields and some corporate borrowing costs fell Monday as investors digested a broad array of moves from the U.S. Federal Reserve to calm the nation’s debt markets from the coronavirus lockdown. Benchmark 10-year bond yields gyrated sharply after the Fed’s move, and were recently at 0.715%, down from 0.932% on Friday. The Fed said it would buy unlimited amounts of government bonds to support markets.

Source: Wall Street Journal March 23, 2020 13:51 UTC