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Morning Note | February 3, 2022

Morning Note | February 3, 2022

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Yield Hunting
Feb 03, 2022
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Morning Note | February 3, 2022
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Good Morning!

Futures are lower as rates move higher and break out of their short term range. The 10-yr yield is up 5bps to 1.82% which is sending the Nasdaq lower. The Dow is only off slightly but the S&P is down 1.4% and the Nasdaq is down 2.6%. Oil is also down about 1% to $87.40. Facebook earnings are a main catalyst and the stock is down bigly pre-m…

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