10-year Treasury yield tumbles below 5% to lowest level in nearly a month

The yield on the 10-year Treasury note fell below 5 percent on Thursday, reaching its lowest level in nearly a month. The decline occurred as stock markets declined and oil prices rose. Yields move inversely to bond prices, meaning Treasury prices gained as investors shifted money into bonds.

• CNBC — 10-year Treasury yield tumbles below 5% to lowest level in nearly a month

Next story