Global markets: stocks and oil jump, bonds fall as Biden takes office

Global markets: stocks and oil jump, bonds fall as Biden takes office

NEW YORK: Global equity benchmarks and oil prices rose as US Treasury bonds fell on Wednesday as investors weighed the likelihood of another US stimulus under the new Biden administration against worsening coronavirus outbreaks in China and the United States. US Treasury Secretary candidate Janet Yellen urged lawmakers to “act big” to save the economy […]
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