Stock markets mixed on worry over passing of US stimulus package
Government bonds in the US and Europe fall on political changing of the guard and the toll of a rampant coronavirus
26 January 2021 - 12:40
London/Singapore — US treasury yields fell to three-week lows while stock markets were mixed on Tuesday as concerns about potential roadblocks to new US President Joe Biden’s planned $1.9-trillion stimulus weighed on investor sentiment.
Mounting coronavirus cases and caution ahead of the US Federal Reserve’s policy meeting this week also dulled appetites for risk, lending support to the dollar against a basket of currencies. Oil prices edged down...
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