Treasury yields and oil price in focus at the start of the week

Treasury yields and oil price in focus at the start of the week 150 150 Realm

The price of oil hit a one year high after an attack on a Saudi facility on Sunday.

The U.S. 10-year Treasury yield moved higher, back towards the 1.6% mark, after President Joe Biden’s $1.9 trillion stimulus bill was passed by the Senate on Saturday. Markets will again be monitoring this closely with many investors nervous that the Fed will tighten sooner-than-expected. The House is expected to approve the bill within the next few days.


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