Signs of a slowing jobs market have caused a rally in the bond market, while a mild inflation report has stocks trending higher. The Dow rose 445 points, the S&P 500 rose 0.5%, and the Nasdaq was up 0.4%, all reaching record highs. Treasuries are also rallying, with the 10-year yield down 0.027 percentage points.
Read more at Barron’s: Stocks Set New Highs, Treasuries Rally as Market Readies for Fed Rate Cut
