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Yield Hunting

Morning Note | April 5, 2023

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Yield Hunting
Apr 05, 2023
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Good Morning!

Futures are down slightly amid the ADP report which showed just 145K new jobs created, well below expectations.  While ADP doesn't garner much attention, it is just another indicator of a slowly weakening job market which is where all the eyes are focused as the last bastion of strength in the economy.

VIX and MOVE higher. Bond yields are lo…

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