TREASURIES-Yields rise as stimulus hopes, retail sales boost risk appetite
June 16, 2020 at 09:39 AM EDT
U.S. Treasury yields rose on Tuesday as hopes of further U.S government stimulus boosted risk appetite, and after data showed that American retail sales had a record rise in May. Stocks gained on a report that the Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of its push to spur the world's largest economy back to life. Risk sentiment was further uplifted after the Commerce Department said o