In the bond market, U.S. Treasuries were weak ahead of the release of Wednesday’s economic data — which also included a disappointing Retail Sales report for January (-0.3 actual vs +0.2 consensus) — and extended their losses in the aftermath, pushing yields higher across the curve. The benchmark 10-year yield climbed eight basis points to 2.91, which marks its highest level in more than four years, before backing off by Friday to yield 2.86.