Biden’s plan bets big on infrastructure and the “old” economy

  • Macro-economy

Biden’s $2.3 trillion recovery plan boosted growth expectations in the US, pushing stocks higher globally. US Treasuries were under pressure, with the 10Y yield climbing at 1.753%. European stocks continued to underperform, with declines on the FTSE, CAC and DAX as France extended the regional lockdown nationally. 

japan-gpd-tankan
Share this news :

You might also read :

ES-economy
June 4, 2021

Let’s wait for the US job report

Strong economic indicators pushed US bond yields and the USD higher yesterday. The US job report released today could reinforce these trends if it shows…
ES-economy
February 8, 2022

Bond spreads widen in the euro area

Yesterday was a relatively quiet day on the markets in the absence of a key market mover. Christine Lagarde assured that the adjustment of the ECB’s…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

START A FREE TRIAL
Subscribe to our newsletter
LOG IN

Don’t have an account yet? 

Sign up here!
[booked-calendar]