S&P 500 (SPY) futures -0.8% and bond prices tumble further as initial jobless claims are within shouting distance of soon having a "2" handle, falling to 320K last week. The four-week moving average fell 4K to 332K.
TLT -1.1% and the 10-year Treasury yield is up to a new 2013 high of 2.78%.
Earlier: Shaky numbers from Wal-Mart fail to stop yields from going higher.
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