- Retail sales over the last 12 months have slowed to just 0.9% growth - the slowest LTM rate since October 2009. The pace peaked at 5% last August. Yikes!
- The 10-year Treasury yield is now lower by six basis points on the session to 2.19%. TLT +1%, TBT -2% premarket
- Previously: Retail sales continue to slow (May 13)
- ETFs: TBT, TLT, TMV, IEF, TBF, EDV, TMF, PST, TTT, ZROZ, TLH, SBND, VGLT, IEI, TYO, UBT, DLBS, DTYS, UST, TLO, VGIT, TBX, SCHR, TENZ, GSY, TYD, LBND, ITE, DTYL, DLBL, TYBS, DFVL, FIVZ, VUSTX, TBZ, DFVS, TYNS, SYTL