10-year Treasury yield sinks to nearly 3-month low

New York (Jan 31)  Treasury prices climbed Friday, sending the yield on the benchmark 10-year Treasury note /quotes/zigman/4868283/delayed 10_YEAR -1.30% to its lowest level since early November, as investors flocked to safe assets. The 10-year note yield fell 3.5 basis points to 2.658%, while the 30-year bond /quotes/zigman/4868063/delayed 30_YEAR -0.85% yield fell 3 basis points to 3.604%, and the 5-year note /quotes/zigman/4868109/delayed 5_YEAR -0.66% yield fell 3.5 basis points to 1.505%. Stock futures signaled a sharply lower open as risk assets continued to get squeezed by fears of a slowdown in global growth. U.S. data on tap Friday include personal income and outlays at 8:30 a.m. Eastern, and a Chicago PMI at 9:45 a.m