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Yield Hunting

Morning Note | January 10, 2023 | Made Some Trades

Sold VBF and bought VFL/MUJ/IGLB.

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Yield Hunting
Jan 10, 2023
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Good Morning!

Futures are a bit weaker this am after a strong day yesterday faded in the afternoon. Honestly, I'm not surprised we aren't opening weaker given the technically horrible day yesterday and Powell coming out today and making the comment stressing the need for the Fed's independence while fighting inflation. 

Yesterday, the S&P closed down 10bp…

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