Morning Note | April 7, 2022

Good Morning!

The market is expected to open flat this am after a 2-day Fed-induced sell-off. The 10-yr is also flat at 2.6%. Commodities mixed with no new headlines from Ukraine and the market discounting China’s verbal policy support. Putin appears to be marshalling forces for another offensive in the eastern part of the country. Jobless data hit a 50+…