Asian stocks edge higher after Biden approves stimulus plan
US Treasury yields climb higher as ECB says it will speed up bond purchases
12 March 2021 - 08:06
Shanghai/New York — Asian shares pushed higher on Friday after US President Joe Biden signed a $1.9-trillion stimulus bill into law, and as a retreat in bond yields overnight eased global concerns about rising inflation.
Biden signed the stimulus legislation ahead of a televised address in which he pledged aggressive action to speed up vaccinations and move the country closer to normality by July 4...
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