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FILE PHOTO: A trader works on the floor of the New York Stock Exchange shortly after the closing bell in New York, U.S., August 23, 2019. REUTERS/Lucas Jackson
(Reuters) – The yields on U.S. 10-year Treasury Inflation Protected Securities slipped deeper into negative territory on Tuesday as a result of intense demand for bonds due to trade and economic anxiety.
At 12:39 p.m. (1639 GMT), 10-year TIPS yields were -0.056%, compared with 0.001% late on Monday, retreating from -0.006% earlier Tuesday. On Monday, they touched -0.094%, which was last seen in June 2013, according to Tradeweb and Refinitiv data.
Reporting by Richard Leong
Our Standards:The Thomson Reuters Trust Principles.
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