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

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

Scott Eells/Bloomberg

The Standard & Poor’s 500 Index closed at all-time highs twice last week and hasn’t traded more than 1.8 percent away from its record in the 23 days since March 11, according to data compiled by Bloomberg.