The U.S. March retail sales data almost wiped out the gains posted in the prior months and show shocking continuing weakness in the economy consistent with ongoing recession.

March retail sales printed down 1.1%, and ex-autos posted a 0.9% loss, with broad declines, a shock from the expectations for a small gain.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.