Retail Sales Control Group: -0.40%, 10s -5bp · desk brief, Fri 14 Aug 2026
Treasuries (close 2026-08-13): 2s 4.15% (-5.0bp), 10s 4.63% (-5.0bp), 30s 5.21% (-3.0bp).
Tape (close 2026-08-13): VIX 14.63, 2s10s +51bp.
Narrative: Trump: Pretty soon will be declaring Strait of Hormuz territory of the US
What mattered:
• Retail Sales Control Group: -0.40%
• Retail Sales (MoM): -0.6
• US long-term borrowing costs rise to 25-year high, as inflation fears hit bond sale – business live
• US long-term borrowing costs hit 25-year high, as inflation fears hit bond sale – business live
• Retail Sales ex Autos (MoM): -0.3