5th March 2021

  • Powell Sends Dovish Message That Leaves Bond Market Disappointed

Fed chair says there’s a lot left to do before economy healed

Treasury prices slip and yields rise in response to comments

https://blinks.bloomberg.com/news/stories/QPGRAUT0G1L2

  • Bond Traders Drive Up Yields After Lack of Powell Pushback

Ten-year Treasury yield closing again on 1.6%, a one-year high

With stocks tumbling, all eyes are on financial conditions

https://blinks.bloomberg.com/news/stories/QPHBCCT0AFB8

  • U.S. Senate Votes to Take Up $1.9 Trillion Covid Relief Bill

Biden’s first big bill likely to clear chamber this weekend

Republicans seek to alter Biden-backed measure during debate

https://blinks.bloomberg.com/news/stories/QPGVOIDWLU68

  • Expect Convexity Triggers To Re-Emerge After Powell Stands Firm

https://blinks.bloomberg.com/news/stories/QPGHDGDWX2PY

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