Stocks Decouple From Bonds as S&P 500 Gain Defies Dropping Yield

Stocks Decouple From Bonds as S&P 500 Gain Defies Dropping Yield

Scott Eells/Bloomberg

A trader works on the floor of the New York Stock Exchange (NYSE) in New York. The stock-market rally last week was a departure from increasingly lockstep moves among equity prices and bond yields, where correlations in 2013 have reached record highs.