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Stocks, Government Bonds Drop After Hot Retail Sales Data

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wsj.com/articles/stocks-government-bonds-drop-after-hot-retail-sales-data-80ffee5c

Retail sales data led some traders to rejigger their forecasts for interest-rate cuts next year.
A wild swing in government bond yields spooked investors Tuesday, weighing on major stock indexes that have struggled to gain ground in recent weeks.

This story from wsj.com was posted on 2023-08-16 by @alpinec.

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