Long-dated Treasury yields rose Friday, trimming a weekly decline, as a closely watched market-based measure of inflation expectations hit a more-than-16-year high and September retail sales came in stronger than expected.
What are yields doing?What’s driving the market?
Yields were bouncing after a market-based measure of inflation expectations, the break-even rate on five-year Treasury inflation-protected securities, or TIPS, traded above 2.75%, its highest since April 2005, according to Reuters.
U.S….
