The government reported Tuesday that retail sales slipped 0.2 percent last month, the first decline in nearly a year, as Americans bought fewer cars. The report still beat analysts' expectations. Stocks and oil rallied after the report came out...."
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Treasuries Under Pressure Amid Easing Economic Concerns
4 minutes ago ino.com
With economic data from the U.S. and China easing recent concerns about the outlook for the global economy, treasuries are seeing notable weakness in morning trading on Tuesday. The upward move has lifted the ten-year yield back above the 3 percent level, with the yield climbing further off the six-month closing low it set last Wednesday.
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