Stocks Climb Despite Rise in Treasury Yields

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Tech shares helped support stock indexes even while government-bond yields reached new decade-plus highs.

Aug. 21, 2023 4:12 pm ETThe Fed’s Jackson Hole symposium will bring central bankers from around the world to Wyoming.

They will certainly be focused on this week’s U.S. existing- and new-home sales reports as well as new manufacturing and services data from August. Photo: David Paul Morris/Bloomberg News

 

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