10-year Treasury yield heads for weekly decline as coronavirus crisis deepens

U.S. government debt prices were higher Friday as the total number of global coronavirus cases surpassed 1 million.

The yield on the benchmark 10-year Treasury note sank to 0.601% while the yield on the 30-year Treasury bond was also lower at 1.239%. Bond yields move inversely to prices.

The number of confirmed COVID-19 cases worldwide topped 1 million Thursday night, with the total death toll…

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