Morning Note | April 26, 2022

Good Morning!

Futures are lower by about a third of a percent as the 10-year yield falls back down to 2.77%. Yesterday's afternoon rally seems to have been a small dead cat bounce. Bonds are being bid up (yields down) along with dollar strength. Tech earnings the key to today with GOOGL/MSFT the lynchpin. Commodities are mixed as China lockdown fears per…