Treasury yields near record low on retail report

Published



NEW YORK (AP) — Treasury yields fell to near record lows Monday after a disappointing retail sales report sent traders out of stocks and into the relative safety of U.S. government debt.

The yield on the benchmark 10-year Treasury note dropped to 1.46 percent from 1.49 percent late Friday. Earlier in the day, the yield touched 1.44 percent, near a record set on June 1.

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