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Tuesday, March 2, 2021

Wednesday's News Links

[Yahoo/Bloomberg] Stocks Decline as Treasuries Extend Rout: Markets Wrap 

[Reuters] Oil up as OPEC+ considers rollover rather than raising output

[Reuters] Rocket leads mortgage sector surge in GameStop-style short squeeze

[Yahoo/Bloomberg] Cost of Treasuries-Led Rout Seen in Troubled Bond Sales Globally

[CNBC] Private payrolls growth well short of expectations for February, ADP says

[CNBC] Mortgage application demand stalls as interest rates surge to highest level since July

[Reuters] U.S. mortgage rates jump by most in nearly a year: MBA

[Reuters] Analysis: Fed may need more than words in next battle with markets

[Yahoo/Bloomberg] ECB Said to See No Need for Drastic Action to Rein In Yields

[Reuters] Breakingviews - Chancellor: A bear market in bonds is beckoning

[CNBC] Covid live updates: Health officials warn early easing of restrictions could lead to 4th Covid wave

[Yahoo/Bloomberg] Greensill’s Swift Fall Was Triggered by Insurer Who Balked

[Yahoo/Bloomberg] Texas Lifts Mask Mandate Despite Dire Warnings About Fourth Wave

[AP] US infrastructure gets C- from engineers as roads stagnate

[Reuters] Myanmar security forces shoot dead 13 anti-coup protesters despite calls for restraint

[Bloomberg] Policy Credibility Is Hard to Earn and Easy to Lose

[WSJ] Greensill Problems Build as Regulator Watches Over Banking Unit

[WSJ] How the Oil Market Bounced Back From a Year of Crisis

[FT] Treasury bond wobble heightens concerns over health of $21tn market

[FT] Property and the pandemic: the great reckoning that never seems to arrive

[FT] Strong T-cell response is good news for battle against Covid variants