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Bond Report: 10-year Treasury yield falls back below 1% as Fed’s bond-buying takes effect

20 Mar 2020

U.S. Treasury yields fell sharply on Friday as the Federal Reserve’s asset purchases showed signs that it had began to stabilize trading in the more than $18 trillion U.S. government bond market after huge volatility and problems with liquidity in the past week as financial markets coped with the economic impact of the coronavirus pandemic.

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