As flight-to-safety continues to dominate the financial markets on Thursday, the 10-year US Treasury bond yield extended its slide and touched a fresh all-time low of 0.902% during the American session with a daily loss of more than 14%. Moreover, the 2-year reference is at its lowest level since July 2016 at 0.572%, down 18.55% on the day. Reflecting the dismal market mood, Wall Street’s main indexes are suffering heavy losses and the CBOE Volatility Index is adding nearly 20%. US stocks retrace Wednesday’s rally Pressured by a 4.7% drop in rate-sensitive Financials Index, the Dow Jones Industrial Average is erasing 3.4% on the day. Moreover, the S&P 500 and the Nasdaq Composite are down 3.2%, and 2.8%, respectively. Among the 11 major S&P 500 sectors, Energy and Materials are also losing more than 4% on Thursday. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next DoubleLine’s Gundlach: Fed is going to cut rates again, may be at the March meeting FX Street 3 years As flight-to-safety continues to dominate the financial markets on Thursday, the 10-year US Treasury bond yield extended its slide and touched a fresh all-time low of 0.902% during the American session with a daily loss of more than 14%. Moreover, the 2-year reference is at its lowest level since July 2016 at 0.572%, down 18.55% on the day. Reflecting the dismal market mood, Wall Street's main indexes are suffering heavy losses and the CBOE Volatility Index is adding nearly 20%. US stocks retrace Wednesday's rally Pressured by a 4.7% drop in rate-sensitive Financials Index, the Dow Jones Industrial Average is… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.