1st April 2021

  • Biden Pitches $2.25 Trillion Plan to ‘Bring Everybody Along’

President outlines infrastructure plan Wednesday in Pittsburgh

Republicans oppose plan to increase taxes to pay for plan

https://blinks.bloomberg.com/news/stories/QQUR4QT0G1KY

  • Repo Mired Near Zero at Quarter-End Drives Surge in Fed Facility

Usage at overnight reverse repo was highest since April 6

Market continues to indicate cash is struggling to find assets

https://blinks.bloomberg.com/news/stories/QQUH55T0AFB5

  • Canada’s Ontario Returns to Lockdown to Slow Virus, CBC Says

The restrictions start on Saturday and will last for 28 days

The goal is to slow the growing number of Covid-19 cases

https://blinks.bloomberg.com/news/stories/QQV6ZRDWX2PW

  • Oil Climbs Toward $60 as OPEC+ Faces Critical Decision on Supply

Delegates say all options are on the table going into meeting

Demand signals mixed with France in lockdown, U.S. rebounding

https://blinks.bloomberg.com/news/stories/QQVFZADWLU6P

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