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Equities and Treasury Yields Climb as Pelosi Talks Up Deal Chances

EQUITIES

E-mini S&P rallies to touch 3458.25, with 10y Treasury yields also climbing in tandem as House Speaker Pelosi states that the administration has come a long way toward a COVID-19 aid agreement after her meeting with Treasury Secretary Mnuchin.

Pelosi adds that a few sticking points remain including more work required on state & local aid as well as liability protections, but she hopes to have an indication of a possible COVID-19 aid deal by the end of Tuesday.

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