US Treasury yields fell as long-dated bonds rallied, flattening the curve after December retail sales disappointed and wage growth slowed, with Fed officials signaling a cautious policy stance.
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[New York Bond Market]Long-Dated Treasuries Rally, Yield Curve Flattens as Retail Sales Disappoint Ahead of Jobs Data
US Treasury yields fell as long-dated bonds rallied, flattening the curve after December retail sales disappointed and wage growth slowed, with Fed officials signaling a cautious policy stance.