“Lots of the additional positivity around the outlook for global growth has focused on the U.S., with the accelerated rollout of vaccines [and] the Biden administration’s significant fiscal stimulus,” said Michael Sager, vice-president, multi-asset and currency management, at CIBC Asset Management, in a recent interview.
As a result, “The U.S. was leading the charge in terms of growth revisions,” he said. “The U.S. bond market was leading the charge in terms of the move higher in bond yields.”
The 10-year U.S. Treasury yield reached 1.74% at the end of March. And on Tuesday, the International Monetary Fund forecast U.S. growth to be 6.4% this year its fastest pace since 1984 and 3.5% in 2022.
tonight a huge fire collapses the home of a well-known community activist. and seeing her home in ruins was too much for dorothy brazil to take. it was a brick building that was a significant part of the city s architecture. that fire brought out both the mayor and the fire chief to the scene. jackie benson now with more on the story. jackie. reporter: dorothy brazil and her family have lived in this house, there is no house left now, nthey have lived there sine long before columbia heights became the fashionable place it is now. the blaze consumed the large brick home in the 1300 block in northwest, feeding on the dry seasoned wood of century old beams. then it gave way. thousands of pounds of brick and flaming wood pancaked, collapsing to the ground. not long afterward, the homeowners who had been in rockville when the blaze broke out arrived at the scene. i m dorothy. the unflappable dorothy brazil was true to form, no hysteria, no tears, just the facts, please, af