(Reuters) - NEW YORK, May 11 - U.S. government bonds rose on Friday after surprisingly weak data on retail sales and underlying producer price inflation boosted hopes that the Federal Reserve could cut rates earlier than expected.
The gains briefly pushed benchmark 10-year yields to their lowest since late March, but the rally was tempered by the stock market, which bounded back from Thursday's selloff on the signs of moderating inflation.
Read more at Reuters.com Bonds News
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