GREY:XEBEQ - Post by User
Post by
tamaracktopon Jan 14, 2021 3:10am
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Take note of this
Take note of this Here's a little fresh news just out from Reuters:
Bonds slip as markets bet Biden goes big
SINGAPORE (Reuters) - U.S. Treasuries slipped on Thursday on a report that President-elect Joe Biden will announce a stimulus package as big as $2 trillion, while Japanese stocks surged to a new three-decade peak as investors extended bets on a global growth rebound.
The yield on benchmark 10-year U.S. Treasuries rose two basis points to 1.1105% after CNN reported on the possibility Biden could spend $2 trillion, which is much more than market expectations.