Strong retail sales reinforce soft-landing view, but

 July’s 0.7% surge in retail sales is helping to bolster the view that a resilient U.S. economy can avoid a recession. 

However, some policy makers can use to support even more hikes in the final four months of this year.

and left the benchmark 10-year Treasury  trading at one of its highest levels since 2008.

MarketWatch 15 August 2023 

https://www.marketwatch.com/story/good-news-really-is-bad-news-stocks-stall-as-strong-retail-sales-reinforce-soft-landing-view-e9438018



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