U.S. government debt prices were slightly higher Friday morning after record unemployment figures triggered hopes for further stimulus amid the worsening coronavirus pandemic.
Rates have held relatively steady despite record-breaking levels of initial jobless numbers out of the U.S. on Thursday, with 3.28 million Americans filing unemployment claims.
After the Senate passed a historic $2 trillion relief package, investors may be hoping for further stimulus measures as the full economic ramifications of the pandemic become clear.of coronavirus in the world, with 85,991 as of Friday morning, resulting in 1,296 deaths, according to data compiled by Johns Hopkins University.
On the data front, personal income and spending figures for February are due at 8:30 a.m. ET on Friday, along with a host of PCE inflation readings.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Portrait of a Lady on Fire’ to Start Streaming on Hulu FridayCéline Sciamma’s “Portrait of a Lady on Fire” will begin streaming on Hulu on Friday, March 27, the streamer announced. Neon and Hulu acquired the movie out of the Cannes Film Fes…
Read more »
ESPN Fills The Coronavirus Sports Gap With Friday Night Selection Of Disney FilmsNo sports? No problem, says ESPN, which will air a selection of Disney sports films as part of its Friday night programming starting this Friday. The schedule will help bridge the gap created by th…
Read more »
U.S. House leaders plan to pass $2.2 trillion coronavirus bill FridayU.S. House leaders sparred ahead of the vote on a $2-trillion coronavirus aid package
Read more »
Pelosi expects bipartisan House vote for $2 trillion coronavirus bill FridayHouse Speaker Nancy Pelosi said she expected a bipartisan House vote for a $2 trillion economic stimulus bill on Friday
Read more »
Senate OKs $2T coronavirus stimulus package in unanimous vote; House sets Friday voteBy a vote of 96-0, the Senate passed a massive $2 trillion coronavirus stimulus compromise package just before midnight Wednesday, ending days of deadlock and sending the bill to the House of Representatives -- which House Speaker Nancy Pelosi said will soon take up the historic measure to bring relief to individuals, small businesses, and larger corporations 'with strong bipartisan support.'
Read more »