Thornburg’s Jason Brady in MarketWatch

10-year Treasury yield sees biggest one-day drop since March 2009 after Fed’s emergency actions

Fed announced cut to interest rates to cushion the coronavirus impact

Treasury yields traded sharply lower on Monday as investors dove into government paper following the Federal Reserve’s emergency announcement Sunday that it would ramp up its bond-buying purchases and cut rates to rock-bottom.

Read more here: https://www.marketwatch.com/story/guid/a8485b80-6776-11ea-a00f-e7be2d73e55e

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