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Treasurys extend gains after soft retail sales
NEW YORK (MarketWatch) -- Treasury prices added to gains Tuesday after a report showed retail sales slowed in April. Retail sales rose just 0.1%, compared to economist forecasts of a gain of 0.4%. Retail sales surged by 1.5% in March. After the data, the 10-year Treasury note yield, which falls as prices rise, was down 3 basis points at 2.627%. The 30-year bond yield fell 3 basis points to 3.461%, while the 5-year note yield was down 2.5 basis points at 1.632%.
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