Daily Market Commentary

May 5, 2021

Bonds & Stocks
The U.S. Treasury kept its quarterly auction of long-term debt, planned for next week, at a record size to help fund the government's continuing wave of stimulus spending.

U.S. inflation is unlikely to get out of control despite the unprecedented government spending that's been authorized in response to the coronavirus pandemic, Federal Reserve Bank of Chicago President Charles Evans said.

Colombia is determined to cut its fiscal deficit and defend its investment grade credit rating, the nation's new finance minister said.

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