Summary Box: Treasury yields fall as retail sales report misses economists’ expectations

Summary Box: Treasury yields fall on retail sales

YIELDS DROP: The 10-year note’s yield slid to 2.68 percent from 2.75 percent, while the yield on the 30-year bond dropped to 3.86 percent from 3.95 percent.

RETAIL SALES: Retail sales rose 0.4 percent in July. That’s an improvement but below economists’ forecast of a gain of 0.5 percent.

ECONOMIC OUTLOOK: Interest rates in the Treasury market are tumbling as traders take a bleaker view of the U.S. economy. Consumer spending has remained weak along with the labor market.