The nearly two-month long rally in U.S. government bonds continued into the new year as investors scooped up safer assets in the wake of soft Chinese manufacturing data. The yield on the benchmark 10-year U.S. Treasury note settled at 2.659% on Wednesday, compared with 2.684% Monday. U.S. markets were closed Tuesday for the New Year’s holiday.

Source: Wall Street Journal January 02, 2019 15:55 UTC