The 10-year just broke back below 5%, its lowest in nearly a month. That is the first real relief valve for duration this tape has had, and the long end still sets the price of everything. Watch wheth

What happened: Treasury yields fell sharply on Thursday as investors watched a stock market slump and surging oil prices. The 10-year Treasury yield dropped below 5%. Key numbers: 10-year Treasury yield below 5%, its lowest level in nearly a month. Why it matters: The move came as stocks slumped and oil prices surged, with investors monitoring both markets. Coverage: 3 outlets in 24h

10-year Treasury yield falling below 5% marks lowest level in nearly a month.

10-year Treasury yield falling below 5% marks lowest level in nearly a month. — impact context not separately stored; see What changed.