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MW: Treasurys extend rally on retail sales drop
 
By Benjamin Eisen
NEW YORK (MarketWatch) - Treasurys continued to rally Friday morning after the largest drop in U.S. retail sales in 9 months. The 10-year note, which had gained overnight on renewed uncertainty in Cyprus, extended those gains after the data dump, pushing the yield down nearly 5 basis points on the day to 1.74%. The 5-year note yielded just below 0.70%, a yield drop of nearly 3 basis points. The 30-year bond yielded 2.94%, a drop of nearly 6 basis points.
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