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Yield Hunting

Morning Note | August 4, 2021

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Yield Hunting
Aug 04, 2021
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Good Morning!

Futures are down slightly as the indices sit very close to all-time highs. The VIX remains a bit elevated above 18 an the 10-yr yield is down to 1.17%. Lots of data this am from ADP, PMIs, and ISM. ADP missed as they were looking for +683K jobs but only came in at +330K. The jobs report Friday is at +875K.

CDC issues new 60-day eviction ban.…

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