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.