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MW: Treasurys gain after retail sales rise
 
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices briefly pared gains on Friday, pushing yields down, after a report showed U.S. retail sales rose 0.5% in January, more than economists expected and reversing a revised 0.1% decline in December. Excluding autos, sales rose 0.6%. Yields on 10-year notes (UST10Y 3.72, 0.00, 0.00%) fell 3 basis points to 3.69%. Still to come are reports on consumer confidence and business inventories. Treasurys were mildly higher before the data, which analysts attributed to further reaction to the European Union's lack of direct aid to Greece, and China's increase in its reserve requirement to cool economic growth.
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