2-year Treasury yield falls as investors fret over economic outlook
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U.S. Treasury yields decline as investors assess economic outlook; 10-year Treasury yield at 3.8082%, 2-year Treasury yield at 3.8363%; manufacturing production data indicates sector weakness; recession fears arise after July jobs report; August jobs report due Friday; Fed meeting later this month expected to discuss interest rate cuts; Nvidia experiences a $279 billion market cap loss, impacting global chip stocks.
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https://www.cnbc.com/2024/09/04/us-treasurys-falls-as-investors-fret-over-economic-outlook.html