Reuters reports, citing a draft agreement seen on the matter
One of the conditions is that shops in certain areas will be allowed to reopen where the infection rate is seen below 35 per 100,000. For some context, the general 7-day incidence rate for the country stood at 65.4 in the latest update today.

Latest data released by Eurostat – 2 March 2021

Fedspeak is going to be a hot topic in the market this week
Here’s the agenda for today:
1400 GMT – Fed’s Williams speaks at a virtual conference
The conference is hosted by the NY Fed and Williams will be delivering opening and closing remarks at the event. His opening speech is expected to be for 5 minutes

10-year yields up over 4 bps to near 1.45%
At the start of European morning trade, it was holding around 1.40%. Meanwhile, 30-year yields are up by over 7 bps on the day and closing in on 2.23%.

Bitcoin could either surge dramatically or blow up entirely, says Citi
But Citi warns that the cryptocurrency is facing a „tipping point“ at the moment with the potential to explode higher or implode completely.

He sure doesn’t sound too worried about the bond market developments
10-year Treasury yields are at the highs for the day, near 1.44%:

Latest data released by Destatis – 1 March 2021
This just adds to confirmation that the German national reading later should see CPI tick slightly higher than the January reading of +1.0% y/y. The estimate is for a jump to +1.2% y/y to +1.3% y/y – which will be the highest since March last year.

Biden urges Senate to pass legislation
Biden called on the Senate to quickly pass the $1.9 trillion stimulus package after it cruised through the House.
„It’s time to act,“ he said on Saturday, noting that an „overwhelming“ percentage of Americans support the bill. „We have no time to wasted.“

The PM announced the new lockdown after
 a community case of coronavirus with an unknown origin was detected.
The rest of the country will be placed into a less restrictive alert level 2. 

Forex news for North American trading on February 26, 2021:
Markets:
The reverberations from yesterday’s bond implosion left broader markets in a delicate state. Even as yields turned much lower, FX risk trades couldn’t get a footing. How much of that was month-end and how much was jitters was open to debate.