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Unlike many other significant anti-poverty measures passed by Congress in history, this one has a short time horizon, with almost all the relief for families going away over the coming year. That could be an abrupt awakening for Americans who have grown accustomed to financial support since Congress moved swiftly to create a stronger safety net at the start of the pandemic a year ago. It also lacks the bipartisan imprint of former President Trump's bills, which directed money in larger measure to companies as well as individuals.

""This market is completely overvalued, or at least fairly valued, by almost every measure, and you know quantitative easing is coming off, so everyone has to reallocate. But how can you reallocate to bonds in this market?" said Bob Rice, managing partner at Tangent Capital Partners."