Materials Boosted By Inflation Expectations - Materials Roundup

09/27/2021 | 04:36pm

Producers of metals and other raw materials rose as investors positioned themselves for higher inflation by buying into commodities and selling out of Treasury bonds.

In a potential boost to commodity demand and inflation, House Speaker Nancy Pelosi is set to bring a $1 trillion infrastructure bill to the floor for a vote this week.

West Virginia Gov. Jim Justice has offered a $300 million payment and half the value of his family coal businesses to settle loans from the now-defunct Greensill Capital, The Wall Street Journal reported.

Hog contracts rose by the "limit" increment during the session following a surprisingly low tally of U.S. hogs released late Friday.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

09-27-21 1635ET

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