US Treasuries Gain as Government Shutdown Enters a Fourth Week

Treasuries gained, with the 30-year yield reaching the lowest level since early April, amid similar price action in the UK and Canadian bond markets and a US government shutdown on the verge of becoming the second-longest on record.

The US 30-year yield declined three basis points to 4.54%, the lowest since early April when investors flocked to the safety of US bonds after President Donald Trump rolled out his tariffs plan.