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3/12/2021 3:34:10 PM GMT Government bond yields keep ramping up despite centra banks’ measures. Growth imbalances in favor of the US should provide further support to the dollar. EUR/USD is technically bearish and heading toward the 1.1700 level. The week ends as it started, with government bond yields soaring and the greenback following their lead. The yield on the benchmark 10-year US Treasury yield peaked at 1.62% at the beginning of the week, then retreated to as low as 1.47% mid-week. Heading into Friday’s close, the yield resumed its advance and stands at 1.62%. The EUR/USD pair tra...

Major changes to Medicaid are included in the House Energy and Commerce Committee’s stimulus proposal. State and local governments will receive $350 billion in aid, according to a draft of a stimulus bill. House Democrats have budgeted for commodity purchases to help U.S. farms. President Joe Biden backed a proposal for quicker phase-outs of planned $1,400 stimulus checks. House and Senate Democrats are clashing on the design of expanded support for the unemployed, an early sign of the intra-par

Major changes to Medicaid are included in the House Energy and Commerce Committee’s stimulus proposal. State and local governments will receive $350 billion in aid, according to a draft of a stimulus bill. House Democrats have budgeted for commodity purchases to help U.S. farms. President Joe Biden backed a proposal for quicker phase-outs of planned $1,400 stimulus checks. House and Senate Democrats are clashing on the design of expanded support for the unemployed, an early sign of the intra-par

Major changes to Medicaid are included in the House Energy and Commerce Committee’s stimulus proposal. State and local governments will receive $350 billion in aid, according to a draft of a stimulus bill. House Democrats have budgeted for commodity purchases to help U.S. farms. President Joe Biden backed a proposal for quicker phase-outs of planned $1,400 stimulus checks. House and Senate Democrats are clashing on the design of expanded support...

Stock markets in the U.S. surged after President Donald Trump's signing of the COVID-19 relief bill.