But new data also led two major firms' economists to cut first quarter growth forecasts
New positive data on February's consumer spending helped send stocks up this week. But revised results from January also led JPMorgan Chase and RBS Securities economists to cut their first quarter growth forecasts.
Yields on 10-year Treasury notes climbed to the highest levels since September this week as the number of new jobs added in February surpassed expectations. Both developments point to a possible acceleration for the economy in spring.
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Investors turn to alternative-asset class as stocks stay high and bond yields remain low
