(Reuters) - NEW YORK, May 10 - U.S. government debt prices rose on Thursday, after data showed sluggish sales by retailers and a trade deficit hinting the economy grew at a slower-than-estimated pace in the first quarter.
A stock market sell-off also contributed to Treasuries' rise, although gains were capped by a surprisingly weak 30-year bond auction. Investors tend to favor U.S. government bonds as a safer haven when they shun stocks and other riskier assets.
Read more at Reuters.com Bonds News
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