That's great news for stimulus hopes
This improves the odds that we're going to get a deal. It's not going to be the $3.4T that Democrats once floated but this is a $940B plan and it's likely to get a moderate bump from there.
The bond market is moving on this with 10-year yields at a session high at 0.960%, up about 1.5 bps on the headlines.
Combined with some positive comments from McConnell, I'm confident that there's a path here to a deal.
