WASHINGTON — US Treasury bond yields plunged Thursday, with the 10-year yield hitting a record low as worries about a new recession in the United States and Europe battered stock markets.
The 10-year Treasury yield fell to 1.974 percent, lower than the previous record during the US "Great Recession," before recovering slightly to 2.007 percent, while the 30-year hit 3.337 percent before rebounding to 3.371.
