Treasury yields slide after retail gross sales tumbled in Might, elevating recession fears

Treasury yields slide after retail gross sales tumbled in Might, elevating recession fears

U.S. Treasury yields fell on Tuesday after retail sales narrowed more than Wall Street economists had expected, lifting bond prices and raising concern that the economy is headed for a slowdown or even a recession. The yield on the benchmark 10-year Treasury note fell more than 6 basis points to 4.387%, while the 2-year Treasury … Read more