Morning Note | February 3, 2022
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…
Keep reading with a 7-day free trial
Subscribe to Yield Hunting to keep reading this post and get 7 days of free access to the full post archives.