CNBC reports that U.S. Treasury yields ebbed lower, ahead of the release of July’s retail sales data.

The yield on the benchmark 10-year Treasury note fell 2.2 basis points to 1.235%. The yield on the 30-year Treasury bond gave up 1.9 basis points, falling to 1.905%.

The Census Bureau is due to release July’s retail sales data at 12:30 GMT, with an expected slowdown in spending last month amid concerns around the spread of the delta variant. Economists expect retail sales fell by 0.3% in July, compared to a 0.6% gain in June. Excluding autos, sales were expected to have gained 0.2%, after a 1.3% gain in June.