Bond yields tumble as investors back away from stocks and commodities

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Fears over fresh lockdowns in China's capital city sent investors fleeing for some perceived safe-haven assets, with government bonds benefiting on Monday.

Treasury prices climbed and yields tumbled on Monday as worries over China’s economy added to fears of a faster-than-predicted increase in U.S. interest rates sent investors out of perceived riskier assets.

... Treasury prices climbed and yields tumbled on Monday as worries over China’s economy added to fears of a faster-than-predicted increase in U.S. interest rates sent investors out of perceived riskier assets. U.S. stock futures YM00 and commodities CL00 fell as worries over growth in China were added to fears faster Fed tightening might trigger a U.S. recession.

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