Retail Sales (Monthly Change) vs 10-Year Treasury Yield
Retail Sales (Monthly Change) is currently -0.2% (down -0.4%). 10-Year Treasury Yield is currently 4.1% (down -0.1%).
| Metric | Retail Sales (Monthly Change) | 10-Year Treasury Yield |
|---|---|---|
| Current value | -0.2% | 4.1% |
| Previous reading | 0.2% | 4.25% |
| Change | -0.4% | -0.1% |
| Trend | down | down |
| Frequency | Monthly | Daily |
| Source | U.S. Census Bureau | U.S. Treasury |
| Last updated | 2026-03-17 | 2026-04-04 |
| Category | consumer | rates |
What Retail Sales (Monthly Change) measures
Retail sales measures the total receipts of retail stores, covering purchases of durable and nondurable goods. It is a timely indicator of consumer demand and is closely watched for signs of economic strength or weakness.
Retail sales declined 0.2% in the latest report, following a weak January (-0.9%). Excluding autos and gas, the picture is slightly better. For executives in retail and consumer goods, the data suggests consumers are pulling back on discretionary purchases while maintaining spending on essentials. E-commerce continues to gain share of total retail sales.
What 10-Year Treasury Yield measures
The 10-year Treasury yield is the return investors earn on U.S. government bonds maturing in 10 years. It serves as the benchmark for mortgage rates, corporate bond yields, and the global risk-free rate.
The 10-year yield at 4.12% reflects market expectations for interest rates, inflation, and economic growth over the next decade. For executives, this rate directly affects: corporate borrowing costs (investment-grade bonds typically yield 10Y + 1-2%), mortgage rates (typically 10Y + 1.5-2%), and equity valuations (higher yields make bonds more competitive with stocks, pressuring P/E ratios).
Frequently asked
Retail Sales (Monthly Change) is currently -0.2%, down -0.4% from the previous reading. Source: U.S. Census Bureau, updated monthly.
10-Year Treasury Yield is currently 4.1%, down -0.1% from the previous reading. Source: U.S. Treasury, updated daily.
Retail sales declined 0.2% in the latest report, following a weak January (-0.9%). Excluding autos and gas, the picture is slightly better. For executives in retail and consumer goods, the data sugges The 10-year yield at 4.12% reflects market expectations for interest rates, inflation, and economic growth over the next decade. For executives, this rate directly affects: corporate borrowing costs (