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The Monday Mix: March 8 – 14, 2021

Headlines discussed at LNWM’s Monday morning briefing:

US producer prices are trending higher — up 2.8% annualized, but weak labor market is expected to counter inflation.  

President Biden signed $1.9 trillion Covid-relief package, with states and lower-income families major beneficiaries. 

10-year US Treasury yields jumped to 1.64%, highest level in over a year. 

The European Central Bank indicated it is ready to buy more bonds to keep a lid on rising interest rates.  

The US is aiming to offer Covid-19 vaccines to all by May; 100 million doses administered so far.

 

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