: Flight-to-safety trade in bonds picks up in afternoon trading; 2-year rate plunges to 3.97%, 10-year Treasury yield falls to 3.42%

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U.S. bond yields dive with banks’ health in focus

U.S. bond yields plunge, capping off a week of wild volatility, as worries about the banking sector outweigh assessments on how high interest rates will go.

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