TREASURIES-US 10-year note yield hits 50-year low

NEW YORK, Nov 20 (Reuters) - The U.S. 10-year Treasury note's yield fell to its lowest in five decades on Thursday, as deepening economic gloom and an exodus from stocks and other riskier assets propelled a strong bid for safe haven government securities.

The benchmark 10-year Treasury note's price, which moves inversely to its yield, rose more than two full points, for a yield of about 3.0908 percent US10YT=RR according to Reuters data, the lowest since 1958.

(Reporting by John Parry; Editing by Chizu Nomiyama)