Dollar slips, Treasury yields dip after soft U.S. data

The dollar hit a more than three-month low against a basket of currencies while U.S. Treasury yields eased on Wednesday as weaker-than-expected U.S. retail sales supported the view the Federal Reserve may be raising rates later rather than sooner. U.S. retail sales were flat in April as households cut back on purchases of automobiles and other big-ticket items, indicating the economy was struggling to rebound. "The data puts into question the Fed's notion that the weak first-quarter da