Tag: government debt

Dow futures drop 450 points as Treasury yields continue to fall

U.S. stock-index futures pointed to a sharply lower start for U.S. equities Thursday as yields on government bonds extended their decline with investors shying away from bets on a blistering economic recovery and rising inflation. What are major indexes doing? Futures on the Dow Jones Industrial Average YM00, -1.45% dropped 445 points, or 1.3%, to […]

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Opinion: How deficit spending could hand Congress to the Republicans

President Joe Biden’s $1.9 trillion American Recovery Act scored 75% public approval, and it is full of goodies for reliable Democratic constituencies—money for state budgets, union pensions, universities, and the like—often having little to do with the pandemic. Now his infrastructure package is full of spending having little to do with rebuilding America’s roads, bridges […]

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