Fed Signals Alertness to Spike in Bond Yields
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Lael Brainard, a Federal Reserve governor, made it clear that the Fed was watching developments in the government bond market.Credit.Ann Saphir/Reuters
Lael Brainard, one of the Federal Reserve’s Washington-based governors, on Tuesday offered the first major hint that a wild ride in bond markets over the past week may have raised alarms at the U.S. central bank.
“I am paying close attention to market developments some of those moves last week and the speed of those moves caught my eye,” Ms. Brainard said, speaking at a Council on Foreign Relations webcast. “I would be concerned if I saw disorderly conditions or persistent tightening in financial conditions that could slow progress toward our goal.”
Covid-19: The U.S. Is Edging Toward Normal, Alarming Some Officials
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March 26, 2021, 7:58 a.m. ETMarch 26, 2021, 7:58 a.m. ET
A single dose of the AstraZeneca vaccine can protect older people, a study shows. California reaches a deal that encourages schools to reopen.
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A hot dog vendor in Los Angeles reopened on Monday after being closed for two months. The restaurant has been in business since 1939.Credit.Frederic J. Brown/Agence France-Presse Getty Images
Tens of thousands of students walked into classrooms in Chicago public schools on Monday for the first time in nearly a year. Restaurants in Massachusetts were allowed to operate without capacity limits, and venues like roller skating rinks and movie theaters in most of the state opened with fewer restrictions. And South Carolina erased its limits on large gatherings.
Colleges That Require Virus-Screening Tech Struggle to Say Whether It Works
Many schools that use fever scanners and symptom checkers have not rigorously studied if the technology has slowed the spread of Covid-19 on campuses.
Thermal scanners check every visitor to the student union at the University of Idaho. A handheld thermometer is a backup.Credit.Rajah Bose for The New York Times
March 2, 2021
Before the University of Idaho welcomed students back to campus last fall, it made a big bet on new virus-screening technology.
The university spent $90,000 installing temperature-scanning stations, which look like airport metal detectors, in front of its dining and athletic facilities in Moscow, Idaho. When the system clocks a student walking through with an unusually high temperature, the student is asked to leave and go get tested for Covid-19.
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