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Macro Briefing: 19 January 2021

Summary:
* Biden plans to unveil sweeping immigration bill on first day as president* Yellen to promote “big” coronavirus relief package to Senate Fin. Comm. today* Biden administration prepares to focus on full-employment policies* German investor sentiment rises more than expected in January* Extreme weather and infectious diseases are cited by WEO as top 2021 risks* Pandemic has intensified rivalry between US and China, WEO report says* 10-year Treasury yield begins trading this week at 1.11%, a 10-month high:

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* Biden plans to unveil sweeping immigration bill on first day as president
* Yellen to promote “big” coronavirus relief package to Senate Fin. Comm. today
* Biden administration prepares to focus on full-employment policies
* German investor sentiment rises more than expected in January
* Extreme weather and infectious diseases are cited by WEO as top 2021 risks
* Pandemic has intensified rivalry between US and China, WEO report says
* 10-year Treasury yield begins trading this week at 1.11%, a 10-month high:

Macro Briefing: 19 January 2021

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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