Markets & Finance

Treasuries Fall


S&P MARKETSCOPE: Bonds fell after Treasury's $9 billion TIPS auction was lackluster with security issued at 1.939%, a little above the 1.925% area expected.

A 1.7% jump in June retail sales outweighed June CPI coming out unchanged vs. the expected 0.3% rise.

The 10-year note fell 05/32 to 99-19/32 for a yield of 4.18%, its highest in two months. The 30-year bond slid 11/32 to 114-21/32 for a yield of 4.41%.


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