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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