U.S. Treasury yields moved lower as investors monitored whether the Senate would pass President Donald Trump’s divisive spending bill over the next few hours. The benchmark 10-year Treasury yield was more than 3 basis points lower at 4.249%, and the 30-year yield moved more than 3 basis points lower to 4.808%. The 2-year yield slipped more…
Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected 0.4%…
LONDON — Washington’s European allies must make a “quantum leap” in military spending to deter Russia, the head of NATO is expected to say Monday, calling for a 400% increase in the Continent’s air and missile defense budget. NATO Secretary General Mark Rutte’s comments are set to be among the strongest yet from the organization…
