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Retail Sales Data Sends Bond Prices Down

Friday, August 11, 2006 4:16:25 PM

NEW YORK (AP) - Treasury bonds fell Friday, hurt by strong July retail sales data that suggested the economy isn't as weak as some investors thought it was.

At 5 p.m., the 10-year Treasury note was down 9/32 from Thursday. Its yield, which moves in the opposite direction, rose to 4.97 percent from 4.94 percent.

The 30-year bond fell 9/32. Its yield rose to 5.10 percent from 5.07 percent.


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