Bond Report: Treasury yields bounce off intraday lows after stronger-than-expected retail sales

Treasury yields came off session lows on Friday after a strong retail sales number suggested consumers would continue to spend, a source of solace for investors concerned over the U.S. economy’s health.

What’s did Treasurys do?

The 10-year Treasury note yield TMUBMUSD10Y, -0.80% was virtually unchanged at 2.093% after coming off an intraday low of 2.058%. The benchmark maturity rose nearly a single basis points for the week.

The 2-year note yield TMUBMUSD02Y, +0.16% , sensitive to shifting expectations for interest-rate policy, was also mostly flat at 1.850%, but up 1.6 basis points this week. The 30-year bond yield TMUBMUSD30Y, -0.55% fell 1.6 basis points to 2.591%, and was up 2.2 basis points for the week.

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