Treasury yields climb as stimulus hopes return to the fore

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U.S. government debt prices were lower Monday morning amid renewed optimism that a coronavirus aid package could be agreed in the coming weeks.

House Speaker Nancy Pelosi said Sunday that although differences remain between congressional Democrats and White House negotiators, she was optimistic about pushing through legislation on a fiscal stimulus deal before the Nov. 3 election.

However, concerns remain over the current surge in Covid-19 cases across the U.S. A CNBC analysis of Johns Hopkins University data showed Covid-19 cases were, with the daily case average nationwide rising by more than 16% week on week to nearly 55,000. There are no major economic data releases Monday, but investors will be monitoring Federal Reserve Chairman Jerome Powell's speech at 8 a.m. ET.

Auctions will be held Monday for $54 billion of 13-week Treasury bills and $51 billion of 26-week bills.

 

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Thanks, Nancy. It’s time. So many are suffering.

Don't be fooled by Mitch McConnell's jiggery-pokery. He doesn't want a deal that gives adequate money for covid relief. By offering a bill, with pork and sucker terms in it that can't be accepted, he hopes to shift blame. Don't buy it. Vote Blue. Vote Amy.

🤡🤡🤡 psst hey “smart” guys on Wall St., haven’t you figured out yet that your optimism is literally the main obstacle in obtaining a deal. You are providing cover for no deal wanting politicians & this has been happening for months! You could get a deal done in 2 days with tank

25th amendment thumbnail doesn't fit very well

Someone tell McConnell. See what he says.

All is play . Bullish . Jp Morgan goldman citi want more and more . Índices up . End game

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Pelosi sets 48-hour deadline to approve stimulus deal before the electionHouse Speaker Nancy Pelosi says she and Treasury Secretary Steven Mnuchin must reach an agreement within 48 hours if they want to pass a coronavirus stimulus relief bill before Election Day Well do it I'd like to think theres a chance,but based on constant denial to actually do something to help the millions suffering, McConnell will toss it in his 'I dont give a damn about anyone but his leader Trump. I hope. I really hope for so many.VoteBidenHarris2020 McConnell specifically stated he won't put the bill on the floor and Republicans only want 500 billion
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