The Monday Mix: July 5 – 11, 2021

hand holding a coffee cup and newspaper

Headlines discussed at LNWM’s Monday morning briefing:

President Biden signed an executive order to enhance US market competition; 72 directives for more than a dozen gov’t agencies to benefit consumers, workers.

The yield on 10-year US Treasuries fell to 1.3%; investors may be pricing in slower growth as Federal Reserve intends to cut back on stimulus.   

The European Central bank said it will consider climate risks in deciding which corporate bonds to buy; set inflation at 2%. 

China is cracking down on its major tech companies to increase market competition and limit use of user data. 

US job openings rose to a record 9.2 million, or one available job for each unemployed worker, despite 5.8% unemployment rate. 

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