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Morning Note | Aug 17, 2022

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Yield Hunting
Aug 17, 2022
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Good Morning!

Markets are moving lower following the UK's surprise double-digit inflation reading.  This sparked a surge in global yields.  The markets hit a 3-month high of 4,325 amid positive retail earnings.  Today, Target earnings showed the opposite with net profit down 90%.  US yields are up with the 10-yr approaching 2.90%.  Today we get the Fed m…

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