US yields slip to fresh lifetime lows as investors sell risk on coronavirus fears. Coronavirus is beginning to look like global pandemic, Singapore officials said. The US treasury yields continue to slide as fears about the fallout from the virus outbreak is forcing investors to rotate money out of risk assets and into safe havens. The yield on the 30-year note is currently trading at a new record low of 1.52%, representing a three basis point drop on the day. The previous record low of 1.529% was reached on Mar. 3. The benchmark 10-year yield is also trading at a lifetime low of 0.892% and the two-year yield, which closely mimics short-term interest rate expectations, is currently seen at 0.586%, having hit a 44-month low of 0.548% on Thursday. The decline in yields is accompanied by a sell-off in the Asian stocks. Major Asian indices like Nikkei, Kospi, Shanghai Composite and Hang Seng are reporting 1 to 2% losses. Meanwhile, the futures on the S&P 500 are currently shedding 0.8%. Investors are selling risk as coronavirus outbreak outside China is showing no signs of slowing down. Singapore government’s virus-fighting task force was out on the wires soon before press time stating that the virus is starting to look like a global pandemic. Further, Asian Development Bank said the virus could cut global growth by 0.1 to 0.4% this year. 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 Singapore officials: Coronavirus starting look like a global pandemic FX Street 3 years US yields slip to fresh lifetime lows as investors sell risk on coronavirus fears. Coronavirus is beginning to look like global pandemic, Singapore officials said. The US treasury yields continue to slide as fears about the fallout from the virus outbreak is forcing investors to rotate money out of risk assets and into safe havens. The yield on the 30-year note is currently trading at a new record low of 1.52%, representing a three basis point drop on the day. The previous record low of 1.529% was reached on Mar. 3. The benchmark 10-year yield is also trading at a… 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.