U.S. government debt rallied on Thursday after data showed a decline in January’s retail sales, sending yields down for a second straight session.

What happened

What drove markets

Data released on Thursday showed that retail sales in January fell by 0.8%, more than anticipated and the biggest drop in 10 months. Economists polled by the Wall Street Journal had been expecting a 0.2% decline.


Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Source link