1st March 2021

  • Aggressive Fed Hike Bets Spur Treasury Buy-the-Dip Calls

Five-year yields jumped last week as traders priced in hikes

Analysts now recommend buying shorter Treasuries to fade move

https://blinks.bloomberg.com/news/stories/QP9VJLT1UM0X

  • Biden, Yellen Back Fast Senate Stimulus Action to Boost Economy

‘Time to act,’ Biden says after $1.9 trillion bill advances

GOP lawmaker says massive bill is Democratic ‘slush fund’

https://blinks.bloomberg.com/news/stories/QP795JDWX2PW

  • Democrats Shelve Tax Penalty Aimed at Raising Minimum Wage

Replacement effort abandoned after hike to $15 disqualified

Democrats to look at other options for raising wages

https://blinks.bloomberg.com/news/stories/QP9PBUT0G1KW

  • Want Fries With That Recovery? Why Services Are Key to Economy

Bullish bet on employment and recovery hangs on service sector

Next jobs report on Friday will shed light on industry status

https://blinks.bloomberg.com/news/stories/QOQKB1T0AFB4

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