Morning Note | January 27, 2022

Good Morning!

Futures are pointing to a rebound day with markets up nearly half a percent. The 10-yr yield is off the highs set after the Fed meeting yesterday at 1.83%. It briefly hit 1.9% again. Markets are now pricing in 5 rate hikes for 2022 as Powell confirms that each of the remaining 7 meetings are “live meetings”. USD is stronger following the mo…