Morning Note - July 2, 2021

Good Morning and Happy Friday!

Markets look to set new records this am as the jobs report was released showing 850k new jobs in the month of June. The unemployment rate rose to 5.9%. The 10-yr is down 4.4 bps to 1.43%. Oil is flat at $75.

JNJ says their vaccine has a strong response to Delta variant; all 3 approved vaccines have a strong response without …