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Fiscal Package Chatter


Not far off early estimates of $2T, NYT article reports Pres elect Biden's fiscal stimulus package to be discussed at 1915ET (still tentative) will be $1.9T. Not a lot of react, Tsys declined slightly, equities hold near lows. Key market levels:

  • DJIA down 9.86 points (-0.03%) at 31049.36
  • S&P E-Mini Future down 7.75 points (-0.2%) at 3796
  • Nasdaq down 1.5 points (0%) at 13127.22
  • US 10-Yr yield is up 5.1 bps at 1.1343%
  • US Mar 10Y are down 7.5/32 at 136-17
  • EURUSD up 0.0002 (0.02%) at 1.2159
  • USDJPY down 0.13 (-0.13%) at 103.76
  • WTI Crude Oil (front-month) up $0.73 (1.38%) at $53.63
  • Gold is up $0.57 (0.03%) at $1846.15

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