Thu, 12 Dec 2013 16:48:12 GMT
Treasuries decline as U.S. retail sales surge
The value of U.S. Treasuries decreases on Thursday, as the yields jumped to the largest level this week, as the official data reported on significant surge of 0.7% in U.S. retail sales, more than analysts predicted. It increases the probability of Fed tapering. Moreover, the yields for 10 and 30-year bonds reached the lowest level since September 23, as the