Summary: US retail sales up 0.4% in April, less than expected; annual growth rate slows to 1.6%; ANZ: indicates brisk start to private consumption in June quarter; Treasury bond yields rise; rate-cut expectations soften; rises in seven of thirteen retail categories; non-store retailers segment largest single influence on month’s result. US retail sales had been trending up since late 2015 but, commencing in late 2018, a series of weak or...