LONDON, Aug 16 The 10-year U.S. Treasury note yield fell to a fresh 16-month low in Europe on Monday with weakness in equity markets stimulating demand for U.S. government debt.
The 10-year yield US10YT=RR fell as low as 2.65 percent, its lowest since early April 2009.
"It's real money out of Asia buying," a bond trader said.
The move also came after Japanese government bond prices rose on data showing Japan's economy grew much less than expected in the second quarter. [ID:nTOE67901S]
(Reporting by William James and Ian Chua; Editing by John Stonestreet)