In the US, Congress has just passed a $1.9 trillion stimulus bill to aid those affected by the pandemic. But markets are concerned that massive fiscal spending will trigger inflation, sending 10-year Treasury yields above 1.6%. So to understand the effect the stimulus bill will have on the US economy and bond markets, we speak to Padhraic Garvey, Regional Head of Research for the Americas at ING Financial Markets.



Image Credit: Ron Adar / Shutterstock.com

In the US, Congress has just passed a $1.9 trillion stimulus bill to aid those affected by the pandemic. But markets are concerned that massive fiscal spending will trigger inflation, sending 10-year Treasury yields above 1.6%. So to understand the effect the stimulus bill will have on the US economy and bond markets, we speak to Padhraic Garvey, Regional Head of Research for the Americas at ING Financial Markets.

Image Credit: Ron Adar / Shutterstock.com

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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