On Tuesday, US Treasury yields slid due to disappointing economic data

Yield Curve UST 2Y YTM: 0.18% (1 bp down) UST 5Y YTM: 0.39% (2 bp down) UST 10Y YTM: 0.87% (4 bp down) UST 30Y YTM: 1.62% (4 bp down) On Tuesday, US Treasury yields slid due to disappointing economic data. Monthly retail sales figure increased less than expected (0.3% vs. 0.5%).  Chris Rupkey, chief financial economist: “Retail sales in October are already showing signs of slowing in a second major pandemic lockdown even before the surge in deadly virus cases made many states issue a wave of new restrictions in the first weeks of November.”

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