NewsDialy
Consumer spending came in weaker than expected, and the 10-year Treasury yield barely moved.
A yield is the effective interest rate a bond pays its holder, rising when the bond's price falls and falling when the price rises.
The flat reading means the market absorbed the retail sales disappointment without making a strong directional bet on where U.S.
Retail sales offer one of the cleaner reads on whether American consumers are actually spending.
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