The possibility of additional stimulus under a Biden
administration and Democrat-controlled Congress has buoyed
investor sentiment even as the US confronts a wave of
coronavirus cases and continuing economic hardship
There are growing signs that Beijing wants to slow the
ascent of China’s currency after it surged to the highest
level since mid-2018 against the dollar
The other important thing is that in addition to nominal
yields are surging, bringing up real yields, implying that
while we may get extra stimulus in the form of a $2000
check, we're getting closer to where the Fed may at some
point tighten