Expecting robust fiscal and monetary policy stimulus, stocks closed at new record highs. On the fixed income side, the yield on 10-year US government bonds continued to rise. At 1.08%, the differential with Germany is now over 160 bps. Both 2s-10s and 2s-30s steepened further. #economy #markets #equities #investing #centralbanks #centralbanks #volatility #volatility #monetarypolicy #federalreserve #stocks #bonds #fed #investors …see more