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

Macro-economy
April 1, 2021

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.

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

You might also read :

Emmanuel Macron’s re-election avoids adding fuel to the fire but financial markets remain pessimistic, weighed down by the Fed and China

Mixed price evolution

EUAs gained back part of Friday’s losses for the last day of the Dec.21

Simplifying energy markets