Daily Note | June 11, 2024 | A Look At Munis

The FOMC meeting starts today but the Fed decision day is tomorrow. CPI also comes out tomorrow. Markets are lower ahead of those key events. We are also seeing interest rates lower a few bps across the curve helping bonds out.

This is the same setup as yesterday as initial market losses were shrugged off and by midday new highs were being reached. Let's…