The Biden administration unveiled a plan to invest $9 billion in minority communities. The effort is a priority of Treasury Secretary Janet Yellen, who has warned that the fallout from the pandemic is exacerbating inequality in the U.S.
Equity volatility continues, as the Nasdaq is now 7% lower than the Feb highs of just 3 weeks ago. Treasury Yields rise dramatically lately, and not for the right reasons, spooking Stocks. It increasingly looks like Biden faces a Bond Market Revolt...
Dollar gives little to pay the debts. Forecast as of 01.03.2021 Investors are not satisfied with too low yields at the auctions. Amid the new fiscal stimulus of $1.9 trillion from Joe Biden, it suggests the Treasury yields rally should continue. Ho…
Yellen’s encore: Treasury Secretary lending economic heft to Biden’s coronavirus plan
So Treasury is (possibly) handing over SARs for Hunter Biden but is in court to stop Congress from seeing Trump's tax returns as explicitly directed by law.