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TREASURIES-U.S. bond yields hit session lows after retail sales data
December 14, 2016 / 1:47 PM / a year ago

TREASURIES-U.S. bond yields hit session lows after retail sales data

NEW YORK, Dec 14 (Reuters) - Yields on longer-dated U.S. Treasuries touched session lows early Wednesday as weaker-than-forecast rise in retail sales in November reduced expectations of a pickup in U.S. consumer spending in the fourth quarter.

Benchmark 10-year Treasury yield fell to a session low of 2.426 percent. It was last at 2.437 percent, down 4 basis points from late on Tuesday, according to Reuters data. (Reporting by Richard Leong)

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