Treasury yields slide after retail gross sales tumbled in Could, elevating recession fears

Treasury yields slide after retail gross sales tumbled in Could, elevating recession fears

U.S. Treasury yields fell on Tuesday after retail sales narrowed more than Wall Street economists had expected, lifting bond prices and raising concern that the economy is headed for a slowdown or even a recession. The yield on the benchmark 10-year Treasury note fell more than 6 basis points to 4.387%, while the 2-year Treasury … Read more

China retail gross sales, industrial output, fastened asset funding in Might

China retail gross sales, industrial output, fastened asset funding in Might

Huge waiting lines are seen in front of jewelry retailer stores at Yu Garden in Shanghai, China, on May 17, 2025, as the city offers consumption vouchers to stimulate consumer spending. Nurphoto | Nurphoto | Getty Images China’s retail sales in May grew at their fastest rate since late 2023, data from National Bureau of … Read more

Nintendo sees document 3.5 million gross sales of its Change 2 console

Nintendo sees document 3.5 million gross sales of its Change 2 console

Nintendo Switch 2 controllers are displayed during at the Nintendo New York store on June 4, 2025, for a launch event ahead of the video game hybrid console’s midnight release. David Dee Delgado | AFP | Getty Images Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four … Read more