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(18 Jun 2025, 12:05)

US yields ease amid tepid economic cues

US Treasury yields eased yesterday after retail sales eased and worries over global geopolitical front weighed. The yield on the benchmark 10-year Treasury note fell more than 6 basis points to break under 4.40% mark. The US retail sales slid by 0.9% in May after edging down by a revised 0.1% in April. Other data also showed tepid trends as the US Fed said industrial production dipped by 0.2% in May following a revised 0.1% gain in April. The conflict between Israel and Iran entered a fifth day Tuesday with no signs of a de-escalation in hostilities. Yields are hovering around 4.40% mark right now.
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