Sonali Basak: 10-year yield falls below 3.95 percent as investors rush to duration

Sonali Basak: 10-year yield falls below 3.95 percent as investors rush to duration
10-year yield drops as demand rises

The 10-year U.S. Treasury yield has dropped below 3.95 percent, surpassing the October low in a sharp round trip.

Sonali Basak reports that the market is now more than 35 basis points off the January high, with investors actively buying duration after a prolonged period of caution.

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