U.S. Treasury yields clipped their decline on Friday after the start of a raft of economic, with retail sales coming in slightly weaker than expected but suggesting the engine of the U.S. economy — consumers — continued to spend amid the uncertainty sparked by the COVID-19 pandemic.
What are Treasurys doing?
The 10-year Treasury note yield TMUBMUSD10Y, 0.701% fell 0.7 basis point to 0.707%, after touching a low of 0.69% earlier in the day. The benchmark maturity closed at an eight-week high on Thursday.
