Bonds

Credit Markets

This week’s rally in U.S. government bonds picked up new momentum Friday, reflecting investors’ intense demand for safer assets and escalating bets that the Fed will move quickly and aggressively to cut interest rates.

Treasurys

Investors have dramatically reassessed the chances that the Federal Reserve will lower interest rates as soon as next month, betting the coronavirus will force the central bank’s hand.

Credit Markets

The yield on the benchmark 10-year U.S. Treasury note fell to an all-time low, the latest milestone in a decadeslong bond rally driven by persistently low inflation and turbocharged by worries the coronavirus could disrupt an already-sluggish global economy.

Treasurys

The yield on the benchmark 10-year note dropped close to an all-time low after a jump in the number of coronavirus cases outside China stoked fears about a slowdown in global economic growth.

Treasurys

U.S. Treasury yields fell sharply Friday as a flight to safety drove global investors into the government securities.

Credit Markets

The U.S. Treasury Department next week will auction $241 billion in securities, ranging from 13-week bills to seven-year notes.

Credit Markets

Investors dumped bonds of Kraft Heinz Friday when Fitch Ratings and S&P Global Ratings pushed their ratings of the company into junk territory following a disappointing earnings report.

Credit Markets

The Treasury Department sold 30-year bonds at a record low yield, highlighting investors’ demand for longer-term debt and its benefits to the government.

Credit Markets

The U.S. Treasury Department will auction next week $132 billion in securities, including 30-year Treasury inflation-protected securities.

Treasurys

Government-bond yields rose as concerns around the coronavirus abated, stocks climbed and Fed Chairman Jerome Powell said the central bank is monitoring the potential global economic disruptions from the epidemic.

Credit Markets

Community Preservation issued a $150 million sustainability bond, the largest such sale by a community development financial institution, as sales of green, social and sustainability bonds are expected to hit $400 billion this year.