TREASURIES-U.S. 30-year bonds ‘on fire,’ sends yields to record low

U.S. Treasury yields fell on
Wednesday, with 30-year yields setting all-time lows, as fears
about a recession and trade tensions between China and the
United States have stoked unrelenting demand for low-risk
government debt.
The inversion of the U.S. yield curve, where short-dated
yields are running above long-dated ones, has also unsettled
investors, as it often precedes a recession.
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