📆 Freitag, 2. Juni
► The US Senate approved the debt ceiling package, suspending the debt limit until 2025 preventing a potential default by the US. The legislation now heads to President Biden's desk. Despite disagreement over some aspects of the package, it represents a significant step towards fiscal stability, according to Senate Minority Leader Mitch McConnell. President Biden expressed his eagerness to sign the bill into law and affirmed its positive impact on the US economy and its citizens.
► After the successful passage of the debt-ceiling deal, global stocks, including Stoxx Europe 600 and Asian benchmarks, saw an increase.
► The 10-year Treasury yield increased slightly to 3.61%, and the 2-year yield also rose to 4.35%.
Subscribe to see more