Treasury yields fell on Monday as investors remain cautious about the deadly coronavirus.

The yield on the benchmark 10-year Treasury note, which moves inversely to price, dipped three basis points to around 1.543%, while the yield on the 30-year Treasury bond was also lower at around 2.015%.

Part of the so-called yield curve inverted again on Monday, with the 10-year yield falling below the three-month Treasury rate of 1.558%, sending a recession signal.

Traders continue to monitor the outbreak of the coronavirus. As of Sunday night, China said a total of 40,171 cases of coronavirus had been confirmed and 908 people had died, while 14 Americans have tested positive for the virus aboard a cruise ship quarantined in Japan. The death toll from the coronavirus has also overtaken that of the SARS outbreak in the early 2000s.