NEW YORK, May 15 (Reuters) - U.S. Treasury yields slid
after data showed a drop in producer prices last month and a
mixed report on retail sales, suggesting that the Federal
Reserve was on track to cut interest rates at least twice this
year.
Benchmark 10-year yields fell to session lows of 4.493%
and were last down 2.5 basis points at 4.502%.
The U.S. two-year yield also dropped after the data, down
5.9 bps at 3.994%.