Traders work on the floor of the New York Stock Exchange (NYSE) on August 24, 2015 in New York City. As the global economy continues to react from events in China, markets dropped significantly around the world on Monday. The Dow Jones industrial average briefly dropped over 1000 points in morning trading. Spencer Platt/Getty Images/AFP
NEW YORK: U.S. Treasuries prices rose on Monday with benchmark yields falling to four-month lows as investors worldwide scrambled for low-risk assets and dumped stocks and risky investments due to worries that China's problems will hurt the global economy.
A near 9 percent drop in Chinese stocks on Monday triggered heavy selling in commodities and other stock markets.
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