A key U.S. government bond yield fell near its lowest levels of the year Friday after a series of reports showed signs of weakness throughout the manufacturing sector, adding to concerns about the U.S. economy. The yield on the 10-year Treasury note—which helps set borrowing costs for consumers, businesses and state and local governments—broke through the bottom of its recent trading range. It was recently at 2.585%, according to Tradeweb, from 2.628% Thursday. Yields fall as bond prices rise.

Source: Wall Street Journal March 15, 2019 15:33 UTC