U.S. Treasury yields were down on Friday as mounting concerns about the economic impact of the coronavirus epidemic drove investors into safe-haven assets. The benchmark 10-year yield was down 6.4 basis points in the morning trade at 1.4611%. It was the first time the note yielded less than 1.5% since early September. The 30-year bond was down 7.1 basis points at 1.9012%. The session low was 1.892%, an all-time low. Analysts said investors were buying government debt, sending prices higher and yields lower, on worries about cases of the virus mounting beyond China, including in South Korea and Japan. (Reuters) Governments across the world are starting to use more fiscal firepower to boost economies, though the shift may not be happening fast enough to appease central bankers who say they’re sick of carrying the burden of stimulus alone. Asian economies like China and South Korea are using fiscal policy to counter the menace of the coronavirus, which has shut down swaths of industry and devastated supply chains, while governments in the U.K. and Russia have ditched long-held commitments to austerity. (Bloomberg) Source: Danareksa Sekuritas Debt Research Photo by Marcela Laskoski on Unsplash