Treasurys Fall on Strong Retail Sales (WJLA-TV Washington D.C.)
Story date: 2008-03-03 08:12:23
Added on: 2008-03-03 20:59:28
Treasury prices fell Wednesday after a new retail sales report showed an unexpected increase in consumer spending for January after the dismal holiday season.The Commerce Department said retail sales rose 0.3 percent last month, compared with a Thomson/IFR forecast for a drop of 0.3 percent.
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