Treasury yields were falling after the Federal Reserve announced that it decided to hold its benchmark rate steady. The yield on the 10-year Treasury note was down about four basis points at around 4.

As Singapore treasury bill yields fall, analysts are mixed on local equities but observe stable take-up rates on high-yielding savings accounts and REITs. Read more at The Business Times.

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It's difficult to forget the recent selling pressure on US Treasuries, which has left lingering risks. Since then, there has been a shift back to a more traditional fear of macro weakness. This could initially lower yields and drag European yields down with them. But correlation could turn negative should US Treasury pressure re-emerge

U.S. stocks leapt after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.

Many investors — especially high-income ones living in high-tax states — benefit from owning state and local municipal bonds for their tax advantages.