Flight to safety pushes 10-year Treasury yield below 4%

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A flight to quality has pushed yields on 10-year Treasuries below 4 per cent for the first time since Donald Trump won last year’s election, as investors look for havens from the market turmoil triggered by the US president’s tariff increases.

Ten-year US Treasury yields have fallen more than 0.36 percentage points to 3.88 per cent on Friday as the price of the debt…