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Morning Note | December 7, 2021

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Yield Hunting
Dec 07, 2021
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Good Morning!

Futures are up nicely this am as investors reassess the Omicron risks as less of a threat. The Dow is slated to open +350 (+1%) with the broader indices up more including the Nasdaq at +1.9%. The 10-yr yield is back to 1.44% (after hitting a low of 1.35%) and oil is back to $71.70/bl. The VIX has plummeted the last two days from 33 to 23.8.

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