U.S. Treasury yields slide after retail sales tumbled in May, raising recession fears
1. U.S. retail sales dropped 0.9% in May, worse than expected. 2. The 10-year Treasury yield fell to 4.387%, signaling investor concern. 3. Escalating Israel-Iran conflict adds geopolitical risk to U.S. markets. 4. G7 summit concluded without joint statement, indicating lack of consensus. 5. Concerns rise over potential economic slowdown or recession.