Mesut Ozil / Arsenal Fenerbahce

10-year Treasury yield moves above 1.5% as Powell speaks

As the Senate begins debate on the Biden relief bill, let me remind everyone of three crucial facts: 1. The bill is imperfect — because all legislation is imperfect 2. Nonetheless, it's very, very good 3. The clock is ticking 1/

Fed Chairman Powell said Thursday, the recent spike in rates was "notable" but stressed the central bank would continue the current pace of bond buying and low-level interest environment until substantial progress is made on its job creation and inflation goals: @CNBC 

As I posted last week., my risk model went on a sell signal on Feb. 25 @ 3:10PM/ET. I have to respect the model; it has given us a sell signal right near the highs on every good size correction... including the three most recent biggies. We are still short $SPY.

Fed Chair Jay Powell didn't say last week's move in U.S. yields was disorderly, signaling that the central bank didn't intend to take additional measures to suppress the recent selloff. The result: yields swing higher.

Moving to a green economy is the biggest challenge the world has ever faced. I’m optimistic we can do it, but need to make sure it benefits everyone—including those workers and communities who depend on the fossil fuels that we need to get rid of.

Today the federal government has multiple standards for broadband, and none reflect what Americans actually need in the 21st century. @SenAngusKing , @senrobportman , @Sen_JoeManchin , and I urge the administration to create a modern, unified standard.

Ron Johnson and Senate Republicans are stalling emergency checks, funding for vaccines and schools, unemployment insurance, housing assistance, support for our small businesses and more. Why? They want ZERO dollars in additional COVID relief. Let’s pass the #AmericanRescuePlan .

Tech in correction mode! The #NASDAQ  100 future is down more than 10% from its peak on February 16.

Germany has decided to approve the Oxford/AstraZeneca Covid-19 jab for people aged 65 and over, in a move that could help speed up the country’s sluggish vaccination campaign