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A man stands outside Silicon Valley Bank
2-year Treasury yields have plummeted after the collapse of Silicon Valley Bank.

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  • Yields on 2-year US Treasury notes had their largest fall since 2008 Monday.
  • Investors are flocking to bonds as a safe haven as the failure of SVB rattles bank stocks.
  • They're also betting that the Federal Reserve will ease up on its tightening campaign to stop contagion spreading.

Short-dated US Treasury bond yields posted their largest drop in nearly 15 years Monday as the sudden collapse of Silicon Valley Bank continued to send shockwaves through financial markets.

Yields on 2-year US Treasury notes fell 57 basis points to 4.02%, for their biggest one-day loss since the 2008 financial crisis, according to data from Refinitiv.

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Markets, MI Exclusive, Bonds, 2-year Treasury, 2-year Treasury yield, Federal Reserve, Silicon Valley Bank, Silicon Valley Bank collapse, SVB, SVB collapse, Bond Yields, Fixed Income, 2008 Financial Crisis, Bank stocks
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US bond yields post biggest drop since 2008 financial crisis as Silicon Valley …