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Yields drop after soft retail sales and CPI numbers

Published 06/14/2017, 08:49 AM
Updated 06/14/2017, 08:49 AM
© Reuters.  Yields drop after soft retail sales and CPI numbers
  • Headline retail sales fell 0.3% in May vs. expectations for a small rise. It's the weakest print since January of 2016. Sales ex-autos and gas were flat vs.+0.3% expected.
  • Alongside, core CPI rose just 0.1% in May vs. +0.2% expected.
  • The 10-year Treasury yield is down six basis points to right around a 2017-low of 2.15% TLT +0.7%, TBT -1.4%
  • The dollar (UUP, UDN) has also turned solidly lower, with UUP down 0.45%.
  • Previously: Retail sales dip in May (June 14)
  • Previously: Consumer Price Index (June 14)
  • Now read: Trader's Morning View: Currencies In Focus


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