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Friday's Note | March 3, 2023

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Yield Hunting
Mar 03, 2023
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Good Morning!

Markets opened higher with yields lower.  Commodities are mostly weaker with oil and metals underperforming.  Technology is leading with strength in the FANG+ names.  ISM Services came in slightly better than estimated at 55.1 vs. 54.5.  This is a level consistent with strong growth and shows the split with the manufacturing sector which is…

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