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Itamar Drechsler, Alexi Savov, Philipp Schnabl The slope of the US yield curve, as measured by the spread between 10-year and 2-year rates, currently resides at its steepest level since 2016. The recent steepening is the result of a combination of the Federal Open Market Committee’s (FOMC) commitment to keep front-end rates lower for longer together with upward pressure on the long end due to a brighter economic outlook. The latter is driven by several factors, including the rollout of vaccination programmes, the substantial fiscal accommodation, and the expectation that the Fed will not im...

KXLY March 13, 2021 4:49 AM newsfeedback@fool.com (Maurie Backman) Posted: Updated: March 15, 2021 6:06 AM On March 11, President Biden signed a sweeping $1.9 trillion coronavirus relief bill into law. That bill includes provisions like boosted unemployment, an expanded child tax credit, and perhaps most notably, a round of $1,400 stimulus checks. This stimulus round is the most generous one to date. The first round, which the CARES Act provided for, was worth $1,200. The second round, however, came in at just $600. Best of all, the White House recently announced that stimulus check...

What You Need to Know About the Latest Coronavirus Stimulus Package People 12/22/2020 © Provided by People Ting Shen/Bloomberg via Getty U.S. Capitol In the midst of the ongoing novel coronavirus (COVID-19) pandemic, which has killed more than 300,000 people in the U.S. and disrupted large swaths of the economy, President Donald Trump has signed into law the latest in a string of stimulus packages this year. Trump was expected to sign the bipartisan bill, which includes some $900 billion in relief, last week, shortly after it was passed by Congress. Instead, he suggested he would veto t...