Photographer: Michael Nagle/Bloomberg

Market Reaction to Retail Sales Miss Suggest Bonds and Stocks' Fates Remain Intertwined

The positive correlation on full display.

In the wake of a slew of broadly disappointing U.S. data, punctuated by a miss on retail sales for August with a negative revision to July's reading, S&P 500 futures fell on Thursday — but bond yields moved higher as prices on government debt also fell.

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