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Morning Note | February 24, 2022

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Yield Hunting
Feb 24, 2022
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Good Morning!

Futures are down sharply as Russia has launched an invasion of Ukraine.  Putin says that he ordered the military assault to demilitarize Ukraine, justifying the move because NATO crossed a red line by expanding. Commodities are bid up with Energy complex up 5 – 8%; base and precious metals; and Ags are led by 5% gains in corn, soybeans, and…

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