U.S. government debt prices were lower Friday morning as investors paused for breath following the biggest Wall Street sell-off since 'Black Monday' in 1987.
Yields rose on Thursday even as fears over the economic fallout from the coronavirus pandemic sent global stock markets into a tailspin which saw the Dow plunge more than 2,300 points.
The Federal Reserve announced on Thursday that it will pump up to $1.5 trillion into the financial system in a bid to combat potential freezes resulting from the virus. were lower Friday morning as investors paused for breath following the biggest Wall Street sell-off since "Black Monday" in 1987.
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