U.S. Treasury yields finished the month on a downward trend, driven by increased risk aversion among investors. Heightened concerns regarding the pace of global economic growth spurred a flight to safety, boosting demand for U.S. government bonds.

The shift in investor sentiment led to lower yields across the Treasury curve. Market participants sought the relative security of U.S. debt amid worries about the strength of the economic recovery.

Specific factors contributing to the risk-off environment included:

• Disappointing economic data releases
• Sovereign debt concerns in Europe
• Uncertainty surrounding the pace of future economic growth

The decline in Treasury yields reflects the market’s assessment of increased economic risks and a preference for safer assets. Investors will continue to monitor economic indicators and global events to gauge the future direction of interest rates.