Morning Note - July 15, 2021
Good Morning!
Futures are moderately lower this am with the Dow set to open down 200 points. Yields are lower again at 1.322%. Tech outperformance is poised to continue as the dovish comments from Powell yesterday are driving yields lower. PPI prints were higher than expected but transitory comments pushed breakevens lower. Real yields lower, too. Beige…
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