US shoppers prepare for winter

18 November 2015

 

US shoppers spent up on building materials before winter sets in, according to the latest advance US October retail sales numbers. The US Commerce Department released retail sales figures showing a 0.1% increase for the month, less than the 0.3% expected but higher than the September figures which were revised down from 0.1% to 0%. The US 10 year Treasury yield fell 4bps on the day to 2.27% as markets...

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