SQUAWK BOX, MONDAY 22ND FEBRUARY, 2021

The UK is to ease lockdown restrictions with Prime Minister Boris Johnson set to detail his roadmap to recovery. All eyes are on the bond market with the U.S. 10-year Treasury yield hitting highs not seen since this time last year. Boeing grounds some of its 777 planes after a mid-air engine failure on a United Airlines flight causes debris to rain down on a Denver neighbourhood and prompts an emergency landing. HSBC steps up its pivot towards Asia by reportedly relocating a number of executive staff from London to Hong Kong. The UK lender is to announce it is withdrawing its commercial business from the U.S.