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Yield Hunting

Morning Note - April 19, 2021

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Yield Hunting
Apr 19, 2021
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Good Morning!

Futures are down slightly with the 10-yr yield moving back to a positive correlation (i.e. stocks down, bonds up). 10-yr down to 1.55%. VIX is up over 17 again.

Sen. Cornyn sigals GOP openness to a smaller infra bill ($800bn vs. $2.25T Dem proposal). Increasing number of lawmakers want SALT caps removed to support tax changes. US/Iran talks …

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