U.S. 10-Year Note Yields Reach 1-Month Low Before Retail Sales

Treasuries rose, with 10-year note yields reaching the lowest level in a month, before reports this week that economists said will show U.S. retail-sales growth slowed and inflation was in check.

The yield difference between two- and 10-year notes narrowed to the least since November as investors scaled back economic-growth assumptions. Benchmark yields dropped the most since September on Jan. 10 after a Labor Department report that showed U.S. payrolls increased at the slowest pace since January