Global Bond Yields Decline Amid Economic Slowdown Concerns

Treasuries and other global bonds saw gains as concerns regarding a potential slowdown in the world's largest economy increased demand for safe-haven assets. The U.S. 10-year Treasury yield decreased by four basis points to 4.17%. Australian 10-year bond yields also fell, dropping as much as 10 basis points to 4.34%. Futures for German and Japanese debt also increased.