The yield on the benchmark 10-year Treasury note sank to a record low of 0.676% at 9:46 a.m. ET, extending its break below 0.7% for the first time ever.
Friday's stock market rout and a fresh record low in government bond yields pushed traders to assign a 65% chance of a 75 basis point reduction by the March 17-18 Federal Open Market Committee meeting
Emerging market (EM) central banks will likely begin more aggressive loosening of monetary policy following the U.S. Federal Reserve's emergency interest rate cut, analysts anticipate.
Market participants are not making "rational" decisions when trading on the back of the coronavirus outbreak, an economist told CNBC's "Squawk Box Europe" Friday.
Ahead of meetings with non-OPEC allies in Vienna Friday, the UAE's Energy Minister, Suhail al-Mazrouei, appeared confident that Russia would agree to proposed production cuts.
The disruption that the coronavirus outbreak has brought on global supply chains is spurring Chinese companies to declare force majeure as they cannot meet contractual obligations — but there's a high chance they will not succeed.
Logistics, the key arteries for China's economic activity, are still not operating normally, in a sign of how far the country is from fully getting back to work.
Even amid the push for global gender equality, sexist attitudes continue to undermine progress — and what's more, almost all of us are guilty of that, according to the United Nations' new report.
Despite a bumpy ride for the dollar over the last few days, one strategist told CNBC it's one of the best places to park your money during the current market turmoil.