US stocks trade mixed as bond yields spike after hot retail sales data

US stocks trade mixed as bond yields spike after hot retail sales data

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The yield on the 10-year US Treasury surged, trading around 4.8%. Thomson Reuters Stocks traded mixed on Tuesday as bond yields surged after a blowout retail sales report. Retail sales jumped 0.7% in September from the prior month, more than double forecasts. Investors fretted over…

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