Treasury yields rise after better-than-expected retail sales
Treasury yields rose slightly following stronger-than-expected retail sales data and in anticipation of the Federal Reserve’s upcoming policy meeting. The 10-year yield increased to 3.644%, while the 2-year yield climbed to 3.599%. Retail sales for August unexpectedly rose by 0.1%, contrary to forecasts of a 0.2% decline. Investors are focused on the Fed’s decision, with a rate cut likely, marking the first since March 2022. … Continue reading Treasury yields rise after better-than-expected retail sales
