Internet reported that the yield on three-year U.S. Treasury bonds fell below 4%, the first time since October last year. The yield on the 10-year Treasury bond fell to an 18-day low, the latest drop of 6.5 basis points to 4.222%. The yield on the two-year Treasury bond fell below 4%, falling to its lowest level since October 21 last year, the latest drop was 8.5 basis points to 3.995%.