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QQEW - How High Could U.S. Treasury Yields Rise This Year?
First Trust NASDAQ-100 Equal Weighted Index Fund
Long-term interest rates, which have been rising in many developed countries since the start of the year, fluctuated a bit the week of March 29, Cousley noted.
The Biden administration plans to fund the infrastructure plan through tax increases, Cousley explained, including by raising the corporate tax rate from 21% to 28%.
Switching to China, Cousley said that the outlook for the world's second-largest economy remains quite positive.