Treasury yields lower as markets brace for retail sales data
Traders work at the New York Stock Exchange (NYSE) on February 09, 2026 in New York City.
Spencer Platt | Getty Images
10 year Treasury Yields fell slightly on Tuesday as investors awaited December retail sales data amid incoming economic data this week.
The benchmark yield decreased by over 1 basis point to 4.184%, and the 30-year Treasury yield decreased to 4.836%. The 2-year Treasury bill yield also fell less than 1 basis point to 3.475%.
One basis point is equivalent to 0.01%, and yields and prices move in opposite directions.
December retail sales, to be released later on Tuesday, are expected to rise 0.4% on the month, compared with 0.6% in November, according to economists polled by Reuters.
Markets are also awaiting further data releases that were delayed by the partial US government shutdown. Key announcements include the January nonfarm payrolls report, which is now scheduled for release on Wednesday after being delayed from last Friday.
Attention will also turn to January consumer price data, which will be published on Friday. According to the same survey, forecasts indicate that annual inflation will decrease slightly to 2.5%.
Data on weekly initial unemployment claims will also be released on Thursday.
Markets continue to monitor developments in China after Bloomberg News reported that authorities are encouraging banks to reduce their exposure to US Treasuries due to concerns about concentration risk and volatility.
