Post-Rally: Treasuries Decline, U.S. Retail Resilience, and Producer Prices Drop

In the aftermath of a rally, Treasuries experience a decline as astute traders meticulously assess data. Despite a tempered pace in U.S. retail sales preceding the holiday season, their resilience persists. Notably, producer prices exhibit their most substantial decline since April 2020, primarily attributed to a downturn in gasoline prices.