Treasury yields move higher as coronavirus concerns persist

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Treasury yields move higher as coronavirus concerns persist
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U.S. government debt prices were lower Wednesday morning, as investors sought to assess the potential economic impact of the coronavirus.

At 2:30 a.m. ET, the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.6282%, while the yield on the 30-year Treasury bond was also higher at around 2.0937%.

As of Tuesday evening, China's National Health Commission reported that a total of 44,653 cases had been confirmed, with 1,113 deaths.were lower Wednesday morning, as investors sought to assess the potential economic impact of China's fast-spreading coronavirus.

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