Democrats in the U.S. Senate were poised on Thursday to take a first step toward the ultimate passage of President Joe Biden's $1.9 trillion COVID-19 relief proposal.
Prices slipped as much as 2.5pc after scaling their highest since Nov. 9 on Wednesday, as 10-year U.S. Treasury yields jumped above 1pc for the first time since March.
McConnell, the top Republican in the U.S. Senate, said senators will also address Trump's requests regarding social media company protections and the president's allegations of widespread election fraud.
The climate team will be formally introduced in Biden’s home state of Delaware on Saturday, during a press briefing where he’s expected to tease further details of his climate plan.