TREASURIES-Bonds pare losses after surprise retail decline

Δημοσιεύθηκε: 14 Απριλίου 2009 - 13:40

NEW YORK, April 14 (Reuters) - U.S. government debt prices turned briefly positive on Tuesday, paring earlier losses, after data, which showed a surprise drop in retail sales, intensified worries about the severity of the recession.

Benchmark 10-year Treasury notes were last unchanged in price to yield 2.86 percent. Prior to the data on retail sales, as well as Producer Price Index, 10-year notes were down 2/32 for a yield of 2.87 percent, up 1 basis point from late Monday.

(Reporting by Richard Leong. Editing by Walker Simon) Keywords: MARKETS BONDS

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