Treasurys are surging as stocks get slammed
|02/05/2018||Posted by BusinessMediaguide.Com under General World News||
- Treasurys are surging as stocks come under pressure.
- Yields in the belly of the curve are down about 10 basis points.
- Treasury yields were recently rising amid Fed concerns of a pickup in inflation and the jobs report showing wages were rising faster than expected.
US Treasurys are surging as heavy selling has pushed the Dow Jones industrial average down more than 1,500 points. Traders are rushing into the safety of bonds amid the selling, pushing yields in the belly of the Treasury curve down more than 10 basis points. Here’s a look at the scoreboard as of 3:13 p.m. ET: