(Bloomberg) -- Treasuries rose the first time in
three days as a government report showed retail sales declined
last month more than economists forecast.
Ten-year note yields fell as the data encouraged traders to
speculate that a slump in the housing market will slow U.S.
economic growth. The yields dropped the most in more than four
months on July 10 as Standard & Poor's and Moody's Investors
Service warned about the credit quality of subprime mortgages.
Read more at Bloomberg Bonds News
three days as a government report showed retail sales declined
last month more than economists forecast.
Ten-year note yields fell as the data encouraged traders to
speculate that a slump in the housing market will slow U.S.
economic growth. The yields dropped the most in more than four
months on July 10 as Standard & Poor's and Moody's Investors
Service warned about the credit quality of subprime mortgages.
Read more at Bloomberg Bonds News
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