US Treasury yields slide after economic data

Treasury prices rallied on Friday, sending yields lower, as investors mulled over a batch of data on US inflation and retail sales.

The 10-year yield was recently down by 0.024 percentage point (2.4 basis points) to 2.363 per cent. Meanwhile, the policy-sensitive two-year yield was down 2 bps at 1.315 per cent.

More to come…