Bond Yields Fall to Record Low Amid Coronavirus Stock Market Rout

Wall Street's 'Fear Gauge' Broke a Key Threshold of 30, a Sign of Major Uncertainty and Investor Fear

A trader reacts as he works on the floor of the New York Stock Exchange (NYSE) in New York City on Jan. 10, 2020. Kena Betancur/Getty Images

The yield on the benchmark 10-year U.S. Treasury note fell to an all-time low Tuesday, as investors sought refuge from a stock market rout sparked by the spread of the novel coronavirus.

After first slipping from its recent 2 percent plateau during Monday’s stock selloff, the 10-year yield fell to 1.317 percent the following day, according to TradingView.