Treasury yields declined as investors expressed increasing worries about the strength of the economy. These concerns spurred a flight to safety, boosting demand for government bonds. The yield on the benchmark 10-year Treasury note fell to its lowest level in several weeks.

The dip in yields reflects a broader unease about economic growth prospects. Recent economic data has suggested a potential slowdown, prompting investors to reassess their risk appetite. As economic uncertainties persist, treasury yields are expected to remain volatile.