10-year yield drops under 1.6 pct.

[tsptalk]

10-year yield drops under 1.6%, 30-year yield nears record low as collapse in rates accelerates

The flight to safety sent the yield on the 10-year Treasury note — used as a benchmark for mortgage rates and auto loans — falling to a low of 1.595%, the lowest since autumn 2016. The yield on the 30-year Treasury bond bottomed around 2.12%, near its all-time low reached in 2016.

https://www.cnbc.com/2019/08/07/us-treasury-bonds-china-sets-the-yuan-below-expectations.html