“The Democrats have made it perfectly clear that they want to spend more money. Most economists say such spending would be a boon to the American economy, which remains in disarray after an almost yearlong pandemic. In November, there were roughly 10 million fewer employed workers in the country than before the virus struck in February. Among larger stocks, companies in industries likely to benefit from a growth boost led the gains on Wednesday. The yield on the bench mark 10-year note climbed to 1.04%, a level it has not seen since March.
Source: bd News24 January 07, 2021 00:11 UTC