(Reuters) - However, higher-than-expected import prices, a gauge of
inflation pressures coming into the United States, may have
capped Treasuries' gains, analysts said.
"The retail sales data was probably a bit positive for
Treasuries, especially given the sell-off we had yesterday,"
said John Spinello, Treasury bond strategist with Jefferies &
Co. in New York. "The data is not really damaging for the
economy so you will get a muted reaction," Spinello said.
Read more at Reuters.com Bonds News
inflation pressures coming into the United States, may have
capped Treasuries' gains, analysts said.
"The retail sales data was probably a bit positive for
Treasuries, especially given the sell-off we had yesterday,"
said John Spinello, Treasury bond strategist with Jefferies &
Co. in New York. "The data is not really damaging for the
economy so you will get a muted reaction," Spinello said.
Read more at Reuters.com Bonds News
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