Morning Note - July 14, 2021
Good Morning!
Futures are up nicely this am with the 10-yr down 4 bps to 1.37%. Powell says the Fed is still a ways away from moving off their easing policy. Dems reach an agreement on a $3.5T infra bill to pass via Reconciliation. When combined with the current bipartisan deal, if both passed, this would add ~$4.1T in net new spending. Bank earnings co…
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