Daily Alert: Next round of US stimulus gets closer as wholesale rates continue their climb

  • Over the weekend, the US House of Representatives approved the $1.9 trillion stimulus package championed by President Biden, taking the bill one step closer to fruition.
  • Global bond yields eased a shade on Friday but remained well up over the week while share markets were lower across the board on Friday.
  • The key international event this week is the RBA’s interest rate announcement on Tuesday afternoon.

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