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Morning Note | Feb 14, 2023 | KIO Rights Offering Expiration, Mergers
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Morning Note | Feb 14, 2023 | KIO Rights Offering Expiration, Mergers

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Yield Hunting
Feb 14, 2023
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Morning Note | Feb 14, 2023 | KIO Rights Offering Expiration, Mergers
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Good Morning!

It's Valentine's and CPI day all wrapped in one.  

Markets are mixed after bouncing around following the release of the January inflation report.  Stocks are coming off a positive Monday with all three indexes up over 1.0%.  Bond yields are slightly lower with the 10-yr at 3.68%.  6-month US treasury bill hit 5.02%, a cycle high.

January CPI …

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