The bond market is freaking out. Here's why that matters - News Summed Up

The bond market is freaking out. Here's why that matters


New York (CNN Business) The bond market is once again sending a big fat warning sign about the US economy. The yield on the benchmark 10-Year US Treasury is now just 2.22% — the lowest level since September 2017. Yields fall as investors buy more bonds, which they typically do during times of economic malaise. This current rush into bonds appears to be because investors are fearful of a drawn out trade war between the US and China. "Bonds are rallying as a haven asset, dragging the yields lower as investors fret over stalled US — China trade talks.


Source: CNN May 29, 2019 16:07 UTC



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