A Blue Wave into 2021
Monday 11th January 2021The Morning Call is back, and the new year has kicked off in a very different place. The blue-wave wasn’t written in stone, but with control of the Senate the Democrats should find it easier to roll out more substantial stimulus measures, so does that mean the US economy will recover faster? Phil Dobbie talks to NAB’s Ray Attrill about the response in the bond markets, with Treasury yields rising markedly. But is there a risk that the expectation of a US recovery is overblown – after all COVID numbers continue to rise and there’s still a gargantuan task in rolling out…
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