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Wave of Equity Sales as House Speaker Spikes Piecemeal Stimulus Approach

EQUITIES

Equity sell-off gathering pace as Pelosi shuts down piece-by-piece stimulus approach - the e-mini S&P now off around 15 points from the day's highs, with the 10y yield hitting new daily lows of 0.7619 in the process. A slightly more muted response in currencies, but USDJPY's back to flat on the day at 106.00

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